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Texas Insurance Code

§ 425.212 — AUTHORIZED INVESTMENTS FOR ALL FUNDS: SECURITIES OR INVESTMENTS AUTHORIZED OR DESCRIBED BY SPECIFIC STATUTORY PROVISION

IN § 425.212Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 425. RESERVES AND INVESTMENTS FOR LIFE INSURANCE · Art. D. AUTHORIZED INVESTMENTS AND TRANSACTIONS FOR OTHER LIFE, HEALTH, AND ACCIDENT INSURERS

Statute text

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An insurer may invest any of the insurer's funds and accumulations in a security or investment authorized or described by:
(1)Section 65.013, Finance Code;
(2)Sections 435.041-435.047, Government Code;
(3)Subchapter B, Chapter 1505, Government Code;
(4)Chapter 284, Transportation Code;
(5)Section 51.039 or 60.104, Water Code;

Legislative history

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