Tex. Insurance Code § 912.307
This is the official text of Tex. Insurance Code § 912.307, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 912.307. RESERVE REQUIREMENTS.
Official statutory text
(a) A county mutual insurance company shall maintain unearned premium reserves as provided by Section 862.102.
(b) The company shall invest the unearned premium reserves and any other type of reserves authorized by the company's board of directors in the same type of securities in which the reserve funds of insurance companies engaged in the same kind of business are required to be invested by law.
(b) The company shall invest the unearned premium reserves and any other type of reserves authorized by the company's board of directors in the same type of securities in which the reserve funds of insurance companies engaged in the same kind of business are required to be invested by law.
Status: in_force · Read it on the official government site
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