Texas Insurance Code
§ 823.259 — EXEMPTION FROM CERTAIN LIMITATIONS; INVESTMENT AUTHORITY CUMULATIVE OF OTHER LAW
IN § 823.259Title 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 source(a)An investment made under this subchapter is not subject to the restrictions and prohibitions relating to investments contained in this code other than those provided by Subchapter C.
(b)Investments authorized by this subchapter are in addition to other investments permitted under this code for a domestic insurer.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.