{"data":{"id":"us-tx/tex.-insurance-code-424.208","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 424.208","heading":"OFFSETTING TRANSACTIONS.","body":"(a) Subject to this section, an insurer may purchase or sell one or more derivative instruments to wholly or partly offset a derivative instrument previously purchased or sold, without regard to the quantitative limitations of this subchapter.\n(b) An offsetting transaction under this section must use the same type of derivative instrument as the derivative instrument being offset.\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#424.208","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"145d92caf8750818d24079960985452506b4d1483b0fb2f00c3e13eccaadd7c0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-424.207","next":"us-tx/tex.-insurance-code-424.209"},"notice":"GroundRules: Original legal text. Not legal advice."}