{"data":{"id":"us-tx/tex.-insurance-code-427.051","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 427.051","heading":"LOAN OR ADVANCE PERMITTED.","body":"An insurer or health maintenance organization may obtain a loan or an advance, repayable with interest, of:\n(1) cash;\n(2) cash equivalents; or\n(3) other assets that have a readily determinable value and are satisfactory to the commissioner.\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 427. SUBORDINATED INDEBTEDNESS","SUBCHAPTER B. LOAN, ADVANCE, AND OTHER INDEBTEDNESS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.427.htm#427.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"204981f9f4d0623de96cd6008fef788f76a1f8322382cc407d955bd6e0b74fd9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-427.002","next":"us-tx/tex.-insurance-code-427.052"},"notice":"GroundRules: Original legal text. Not legal advice."}
