{"data":{"id":"us-tx/tex.-insurance-code-2204.102","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2204.102","heading":"INVESTMENTS IN MEMBER OR AGENT.","body":"(a) The commissioner by rule may establish limitations on investments in a member.\n(b) An investment, directly or indirectly, in a member by an agent transacting business on the exchange or in an agent transacting business on the exchange by a member is limited in the aggregate to:\n(1) less than 20 percent of the total investment in the member or agent; or\n(2) a lesser amount provided by a rule adopted by the commissioner.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2204. TEXAS INSURANCE EXCHANGE","SUBCHAPTER C. FINANCES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2204.htm#2204.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"cb9b04ca53048a0c57d54eb04a82afaf9b945753451f814a36f4c7eee0bb2ef6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2204.101","next":"us-tx/tex.-insurance-code-2204.103"},"notice":"GroundRules: Original legal text. Not legal advice."}