Tex. Ins. Code § 424.051 · Subchapter B. INVESTMENT OF FUNDS IN EXCESS OF MINIMUM CAPITAL AND SURPLUS
GENERAL INVESTMENT AUTHORITY SPECIFIED BY LAW.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An insurer may not invest the insurer's funds in excess of minimum capital and surplus, except that an insurer may invest as otherwise authorized by this code.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.424.htm
- Text hash
- sha256 4730a5cedde37a5478ba4018587542b33b48fb0a74f99105a198da4fbf5398fe
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 7 provisions
Provisions in this library whose text cites Tex. Ins. Code § 424.051. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 424.053LIMITATION AS TO SINGLE ISSUER OR BORROWER.Printed as Sections 424.051, 424.056-424.071, and 424.074
- Tex. Ins. Code § 424.054APPLICABILITY OF PERCENTAGE AUTHORIZATIONS AND LIMITATIONS.Printed as Sections 424.051, 424.053-424.071, and 424.074
- Tex. Ins. Code § 424.055WAIVER BY COMMISSIONER OF QUANTITATIVE LIMITATIONS.Printed as Sections 424.051, 424.056-424.071, and 424.074
- Tex. Ins. Code § 424.065ACTING AS REAL ESTATE BROKER OR SALESPERSON PROHIBITED.Printed as Sections 424.051, 424.053-424.071, and 424.074
- Tex. Ins. Code § 424.068AUTHORIZED INVESTMENTS: INVESTMENT IN FOREIGN JURISDICTION.Printed as Sections 424.051, 424.058-424.071, and 424.074
- Tex. Ins. Code § 424.069AUTHORIZED INVESTMENTS: CERTAIN LOANS.Printed as Sections 424.051, 424.053-424.071, and 424.074
- Tex. Ins. Code § 424.073AUTHORIZED INVESTMENTS: INSURER ENGAGED IN BUSINESS IN FOREIGN COUNTRY.Printed as Sections 424.051, 424.053-424.071, and 424.074
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.