{"data":{"id":"us-tx/tex.-insurance-code-424.067","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 424.067","heading":"AUTHORIZED INVESTMENTS: TRANSPORTATION EQUIPMENT.","body":"An insurer may invest the insurer's funds in excess of minimum capital and surplus in:\n(1) an adequately secured equipment trust obligation, certificate, or other instrument evidencing an interest in transportation equipment wholly or partly located in the United States; and\n(2) a right to receive determined portions of rental, purchase, or other fixed obligatory payments for the use or purchase of the equipment.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE B. RESERVES AND INVESTMENTS","CHAPTER 424. INVESTMENTS FOR CERTAIN INSURERS","SUBCHAPTER B. INVESTMENT OF FUNDS IN EXCESS OF MINIMUM CAPITAL AND SURPLUS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.424.htm#424.067","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"7e3591577d219b99607680a847038a1fe54ca992db25a5b660f0a59a6bf7ee12","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-424.066","next":"us-tx/tex.-insurance-code-424.068"},"notice":"GroundRules: Original legal text. Not legal advice."}
