Tex. Insurance Code § 424.153: PERIOD OF TRANSACTION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 4. REGULATION OF SOLVENCY
- SUBTITLE B. RESERVES AND INVESTMENTS
- CHAPTER 424. INVESTMENTS FOR CERTAIN INSURERS
- SUBCHAPTER D. DOLLAR ROLL, REPURCHASE, REVERSE REPURCHASE, AND SECURITIES LENDING TRANSACTIONS
An insurer must enter into a written agreement for each transaction under this subchapter, other than a dollar roll transaction. The agreement must require that the transaction terminate on or before the first anniversary of the transaction's inception.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON