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Tex. Insurance Code § 1272.155

FORM OF RESERVES

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 1272.155, FORM OF RESERVES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/681689
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The reserves required under this subchapter must be: (1) secured by and consist only of United States legal tender or bonds of the United States or this state; (2) held at a financial institution in this state that is chartered by the United States or this state; and (3) held in trust for, for the benefit of, or to provide health care services to enrollees under the delegation agreement.