Tex. Ins. Code § 425.124
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Subject to Sections 425.126-425.132, an insurance company may use derivative instruments, as defined by Section 425.125, to engage in hedging transactions, replication transactions, and income generation transactions, as those terms are defined by Section 425.125.
Tex. Ins. Code § 425.124