{"data":{"id":"us-tx/tex.-insurance-code-425.008","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 425.008","heading":"AUTHORIZED INVESTMENTS FOR FOREIGN COMPANIES.","body":"A foreign company shall invest the company's assets in:\n(1) securities or property of the same classes in which the law of this state permits a domestic insurance company to invest; or\n(2) securities permitted by other law of this state and approved by the commissioner as being of substantially the same grade as securities or property in which a domestic insurance company is permitted to invest.\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 425. RESERVES AND INVESTMENTS FOR LIFE INSURANCE COMPANIES AND RELATED ENTITIES","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.425.htm#425.008","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1a2fe91816935cf8e8ddc80b0ebc2e67482c2b2b8141f48d0c4b972893502e8f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-425.007","next":"us-tx/tex.-insurance-code-425.009"},"notice":"GroundRules: Original legal text. Not legal advice."}