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

Tex. Insurance Code § 427.051: LOAN OR ADVANCE PERMITTED.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 4. REGULATION OF SOLVENCY
  3. SUBTITLE B. RESERVES AND INVESTMENTS
  4. CHAPTER 427. SUBORDINATED INDEBTEDNESS
  5. SUBCHAPTER B. LOAN, ADVANCE, AND OTHER INDEBTEDNESS

An insurer or health maintenance organization may obtain a loan or an advance, repayable with interest, of:

(1) cash;

(2) cash equivalents; or

(3) other assets that have a readily determinable value and are satisfactory to the commissioner.

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

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