Tex. Ins. Code § 424.107

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 424.107 - Authorized Investments for Authorized Investment Pool; Limitation
(a) An authorized investment pool may contain only investments that a participating insurer is authorized to acquire by provisions of this code other than this subchapter.
(b) The insurer's total of proportionate ownership interests in a single authorized investment held by an authorized investment pool and the insurer's direct investments in that authorized investment may not exceed the limit prescribed by the applicable authorizing provision.
(c) In addition to the limitation described by Subsection (b), an insurer is subject to the limitations described by Section 424.108.

Tex. Ins. Code § 424.107

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.