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Tex. Insurance Code § 424.108

GENERAL INSURER INVESTMENT LIMITATIONS

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 424.108, GENERAL INSURER INVESTMENT LIMITATIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677471
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An insurer may not acquire an investment in an investment pool if, as a result of and after making the investment, the aggregate amount of investments held by the insurer under this subchapter at the time of the investment: (1) in a single investment pool would exceed 10 percent of the insurer's admitted assets; (2) in all investment pools investing in investments authorized under Section 424.107 would exceed 25 percent of the insurer's admitted assets; or (3) in all investment pools would exceed 35 percent of the insurer's admitted assets.