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Texas Insurance Code

§ 424.104 — AUTHORIZED INVESTMENTS FOR SHORT-TERM INVESTMENT POOL

IN § 424.104Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 424. INVESTMENTS FOR CERTAIN INSURERS · Art. C. INVESTMENT POOLS

Statute text

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A short-term investment pool may contain only:
(1)obligations described by Section 424.105;
(2)money market funds described by Section 424.106; or
(3)repurchase, reverse repurchase, and securities lending transactions that meet the requirements of Subchapter D.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.