Tex. Insurance Code § 425.108
This is the official text of Tex. Insurance Code § 425.108, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 425.108. AUTHORIZED INVESTMENTS AND TRANSACTIONS IN GENERAL.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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