Tex. Ins. Code § 424.207 · Subchapter E. RISK CONTROL TRANSACTIONS
ABILITY TO DEMONSTRATE HEDGING CHARACTERISTICS AND EFFECTIVENESS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An insurer must be able to demonstrate to the commissioner on request the intended hedging characteristics and continuing effectiveness of a derivative transaction or combination of transactions through:
(1) cash flow testing;
(2) duration analysis; or
(3) other appropriate analysis.
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 01a8dcf7c909f09b74336c0c3ca2fa3d6a951899b4dac86448d5ea6f760cad71
- 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.