Texas Insurance Code - Section 425.108. Authorized Investments And Transactions In General
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§ 425.108. AUTHORIZED INVESTMENTS AND TRANSACTIONS IN
GENERAL. (a) Subject to the limitations and restrictions imposed
by this subchapter, and, unless otherwise specified, based on the
insurance company's capital, surplus, and admitted assets as
reported in the company's most recently filed statutory financial
statement, the investments and transactions described by this
subchapter and Subchapter F, Chapter 823, are authorized
investments and transactions for a company subject to this
subchapter.
(b) An insurance company may not make an investment or enter
into a transaction that is not authorized by this subchapter or
Subchapter F, Chapter 823.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 425.101 425.102 425.103 425.104 425.105 425.106 425.107 425.108 425.109 425.110 425.111 425.112 425.113 425.114 425.115
Last modified: August 11, 2007
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