{"data":{"id":"us-tx/tex.-insurance-code-228.155","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 228.155","heading":"COMPUTATION OF AMOUNT OF INVESTMENTS.","body":"(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.\n(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.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.228.htm#228.155","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"2ecf4b2877d091297d7d939734ccd86f15cd8d2a49457829030407aed79e00a1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-228.154","next":"us-tx/tex.-insurance-code-228.156"},"notice":"GroundRules: Original legal text. Not legal advice."}