Tex. Ins. Code § 425.226

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 425.226 - Investment in Stock Subject to Assessment Prohibited

An insurer may not invest any of the insurer's funds in a stock, the holder or owner of which is or may become liable for any assessment other than taxes.

Tex. Ins. Code § 425.226

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