Tex. Ins. Code § 424.113 · Subchapter C. INVESTMENT POOLS
INVESTMENT POOL RECORDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The pool manager shall compile and maintain:
(1) detailed accounting records that show:
(A) the cash receipts and disbursements reflecting each pool participant's proportionate investment in the investment pool; and
(B) a complete description of all the pool's underlying assets, including the amount, interest rate, and maturity date, if any, of each of those assets and other appropriate designations; and
(2) other records that, on a daily basis, allow third parties to verify each participant's investment in the pool.
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 e7698f3b21465386e450ace7b9e73d726742b166b18e55aff5f8a5a85e638e65
- 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
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.