Tex. Ins. Code § 425.008 · Subchapter A. GENERAL PROVISIONS

AUTHORIZED INVESTMENTS FOR FOREIGN COMPANIES.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

A foreign company shall invest the company's assets in:

(1) securities or property of the same classes in which the law of this state permits a domestic insurance company to invest; or

(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.

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.425.htm
Text hash: sha256 a111e9bb3c6f83a83f0410de8fc9cf27938892a729dd22ab3e3b6b62955cf225
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.