Insurance Code › Title 4 › Chapter 424 › Subchapter B

Texas Insurance Code § 424.072

Authorized Investments: Bonds Issued, Assumed, or Guaranteed in International Market

Investments for Certain Insurers · Investment of Funds in Excess of Minimum Capital and Surplus

An insurer may invest the insurer's funds in excess of minimum capital and surplus in bonds issued, assumed, or guaranteed by any of the following international financial institutions in which the United States is a member:

(1) the Inter-American Development Bank;

(2) the International Bank for Reconstruction and Development (the World Bank);

(3) the African Development Bank;

(4) the Asian Development Bank; or

(5) the International Finance Corporation.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Sections that refer to this one

§ 822.056§ 822.158§ 861.251§ 883.202§ 911.001§ 911.308§ 912.002§ 941.204§ 942.155§ 942.156