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

Tex. Insurance Code § 823.256: COMMISSIONER'S APPROVAL OF INVESTMENT.

Where this section sits in the code

INSURANCE CODE
TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
CHAPTER 823. INSURANCE HOLDING COMPANY SYSTEMS
SUBCHAPTER F. INSURER'S LOANS TO OR INVESTMENT IN AFFILIATE

With the prior approval of the commissioner, a domestic insurer may invest any amount in the securities of one or more affiliates if after the investment the insurer's policyholders' surplus is reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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

Browse this collection