{"data":{"id":"us-tx/tex.-insurance-code-424.207","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 424.207","heading":"ABILITY TO DEMONSTRATE HEDGING CHARACTERISTICS AND EFFECTIVENESS.","body":"An insurer must be able to demonstrate to the commissioner on request the intended hedging characteristics and continuing effectiveness of a derivative transaction or combination of transactions through:\n(1) cash flow testing;\n(2) duration analysis; or\n(3) other appropriate analysis.\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 E. RISK CONTROL TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.424.htm#424.207","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"df148bb33249f63c092615a185a3009281a94835b1d027b24cdb14280bdf9406","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-424.206","next":"us-tx/tex.-insurance-code-424.208"},"notice":"GroundRules: Original legal text. Not legal advice."}