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Texas Insurance Code - Section 424.115. Reports Of Transactions Between Pool And Participant

Legal Research Home > Texas Lawyer > Insurance Code > Texas Insurance Code - Section 424.115. Reports Of Transactions Between Pool And Participant

§ 424.115. REPORTS OF TRANSACTIONS BETWEEN POOL AND PARTICIPANT. (a) A transaction between an investment pool and a pool participant is not subject to Subchapter C, Chapter 823, except that before entering into a pool, an insurer subject to Chapter 823 shall give the commissioner the written notice required under Section 823.103. (b) The investment pool's investment activities and the transactions between the pool and a pool participant must be reported in the registration statement required by Subchapter B, Chapter 823. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 10, 2007