{"data":{"id":"us-tx/tex.-insurance-code-424.154","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 424.154","heading":"CASH REQUIREMENTS.","body":"With respect to cash received in a transaction under this subchapter, an insurer shall:\n(1) invest the cash in accordance with this subchapter and in a manner that recognizes the liquidity needs of the transaction; or\n(2) use the cash for the insurer's general corporate purposes.\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 D. DOLLAR ROLL, REPURCHASE, REVERSE REPURCHASE, AND SECURITIES LENDING TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.424.htm#424.154","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1968b848a793cbb608ac42eef1d098dc263d85ce6e331169f2562720213c0bd1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-424.153","next":"us-tx/tex.-insurance-code-424.155"},"notice":"GroundRules: Original legal text. Not legal advice."}
