Tex. Ins. Code § 427.051 · Subchapter B. LOAN, ADVANCE, AND OTHER INDEBTEDNESS
LOAN OR ADVANCE PERMITTED.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An insurer or health maintenance organization may obtain a loan or an advance, repayable with interest, of:
(1) cash;
(2) cash equivalents; or
(3) other assets that have a readily determinable value and are satisfactory to the commissioner.
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.427.htm
- Text hash
- sha256 e2ddb2dece2b8e3b242abc59454e3e48f4db1670c32f07516b575ad167e1b86d
- 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 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 427.051. Each shows the citation as that text prints it.
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.