Texas Insurance Code

§ 1102.005 — RULES

IN § 1102.005Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1102. PAYMENT OF INSURANCE BENEFITS IN CURRENCY

Statute text

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The commissioner may adopt reasonable rules to accomplish the purposes of this chapter, including rules requiring:

(1)appropriate reserves for insurance policies subject to this chapter; or

(2)prudent investment of premiums collected from insurance policies subject to this chapter regardless of any other provision of this code related to the investment of money by an insurance company.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.