Texas Statutes
§ 154.257 — INVESTMENT PLAN.
Texas § 154.257
JurisdictionTexas
Code FIFinance Code
This text of Texas § 154.257 (INVESTMENT PLAN.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 154.257 (2026).
Text
Sec. 154.257. INVESTMENT PLAN.
(a)A permit holder or trustee, if the permit holder deposits the money with a financial institution as trustee, shall:
(1)adopt a written investment plan consistent with this section and Sections 154.256 and 154.258 that specifies the quality, maturity, and diversification of investments;
(2)at least annually, review the adequacy and implementation of the investment plan;
(3)maintain investment records covering each transaction; and
(4)maintain the investment plan in the principal offices of the permit holder and trustee.
(b)The permit holder shall provide the investment plan to the department with the filing of the permit holder's annual report.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.025, eff. Sept. 1, 1999.
Nearby Sections
15
§ 154.001
PURPOSE.§ 154.002
DEFINITIONS.§ 154.003
EFFECT ON INSURANCE LAWS.§ 154.004
GROUP INSURANCE CONTRACTS.§ 154.051
ADMINISTRATION OF CHAPTER; FEES.§ 154.052
ANNUAL REPORT.§ 154.053
RECORDS; EXAMINATION.§ 154.054
EXAMINATION FEE.§ 154.056
PAYMENT OF RESTITUTION MONEY.§ 154.101
PERMIT REQUIREMENT.§ 154.102
PERMIT APPLICATION; FEE.§ 154.103
ISSUANCE OF PERMIT.§ 154.104
TERM OF PERMIT.§ 154.105
PROHIBITION ON TRANSFER OF PERMIT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 154.257, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/154.257.