Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 228.155: COMPUTATION OF AMOUNT OF INVESTMENTS.

Where this section sits in the code

INSURANCE CODE
TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES
SUBTITLE B. INSURANCE PREMIUM TAXES
CHAPTER 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS
SUBCHAPTER D. INVESTMENT BY CERTIFIED CAPITAL COMPANIES

(a) The aggregate cumulative amount of all qualified investments made by a certified capital company after the company's allocation date shall be considered in the computation of the percentage requirements under this subchapter.

(b) A certified capital company may invest proceeds received from a qualified investment in another qualified investment, and that investment counts toward any requirement of this chapter with respect to investments of certified capital.

Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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