Texas Insurance Code
§ 823.252 — GENERAL AUTHORITY RELATING TO AFFILIATES
IN § 823.252Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 823. INSURANCE HOLDING COMPANY SYSTEMS · Art. F. INSURER'S LOANS TO OR INVESTMENT IN AFFILIATE
Statute text
View on sourceA domestic insurer, by itself or in cooperation with one or more other persons, may organize, acquire, invest in, or make loans to one or more subsidiaries, and may loan to or invest in affiliates, as permitted by the provisions of this code governing investments.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.