Texas Insurance Code § 2551.259 Statutory Premium Reserve And Supplemental Reserve Fund

Sec. 2551.259. STATUTORY PREMIUM RESERVE AND SUPPLEMENTAL RESERVE FUND. The statutory premium reserve and supplemental reserve fund shall be:

(1) held in cash; or

(2) invested in first mortgage notes or other securities admissible for investment by title insurers under Section 2551.151.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

Section: Previous  2551.252  2551.253  2551.254  2551.255  2551.256  2551.257  2551.258  2551.259  2551.260  2551.261  2551.301  2551.302  2551.304  2551.305  2551.3055  Next

Last modified: September 28, 2016