Tex. Insurance Code § 425.225
This is the official text of Tex. Insurance Code § 425.225, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 425.225. INVESTMENT IN FOREIGN SECURITIES.
Official statutory text
(a) An insurer authorized to engage in business in a foreign country may invest in securities of that country that are the same kind of securities as those in the United States in which an insurer is authorized by this subchapter to invest.
(b) The aggregate amount of an insurer's investments under this section may not exceed the amount of the insurer's reserves on the business in force in the foreign country.
(b) The aggregate amount of an insurer's investments under this section may not exceed the amount of the insurer's reserves on the business in force in the foreign country.
Status: in_force · Read it on the official government site
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