{"data":{"id":"us-tx/tex.-insurance-code-424.069","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 424.069","heading":"AUTHORIZED INVESTMENTS: CERTAIN LOANS.","body":"An insurer may invest the insurer's funds in excess of minimum capital and surplus in a loan on the pledge of any mortgage, stock, bond, or other evidence of indebtedness acceptable as an investment under Sections 424.051, 424.053-424.071, and 424.074, if the current value of the mortgage, stock, bond, or other evidence of indebtedness is at least 25 percent more than the amount of the loan.\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#424.069","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"cae5c681ba7997ec74b31fb8b5b83ffc2bd49fe35d079081b3fe6832f7d82cb6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-424.068","next":"us-tx/tex.-insurance-code-424.070"},"notice":"GroundRules: Original legal text. Not legal advice."}