Texas Insurance Code
§ 425.111 — AUTHORIZED INVESTMENTS: BONDS ISSUED, ASSUMED, OR GUARANTEED IN INTERNATIONAL MARKET
IN § 425.111Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 425. RESERVES AND INVESTMENTS FOR LIFE INSURANCE · Art. C. AUTHORIZED INVESTMENTS AND TRANSACTIONS FOR CAPITAL STOCK LIFE, HEALTH, AND ACCIDENT INSURERS
Statute text
View on source(a)Subject to this section, an insurance company may invest in bonds issued, assumed, or guaranteed by:
(1)the Inter-American Development Bank;
(2)the International Bank for Reconstruction and Development (the World Bank);
(3)the Asian Development Bank;
(4)the State of Israel;
(5)the African Development Bank; and
…
Legislative history
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.