Section 882.402 - Excess Contingency Reserve(a) The commissioner, for good cause shown, may issue an order authorizing a mutual life insurance company to maintain a contingency reserve that exceeds the amount of the reserve authorized by Section 882.401.(b) The order must state: (1) a period not exceeding one year during which the company may maintain the excess contingency reserve; and(2) each reason for authorizing the excess contingency reserve.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.