Texas Insurance Code
§ 882.304 — INVESTMENT OF EXCESS UNENCUMBERED SURPLUS
IN § 882.304Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 882. MUTUAL LIFE INSURANCE COMPANIES · Art. G. UNENCUMBERED SURPLUS REQUIREMENTS
Statute text
View on sourceA mutual life insurance company that is granted a charter under this chapter may invest that part of the company's unencumbered surplus that exceeds $100,000 as provided by this code for companies operating under Chapter 841.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.