Texas § 1272.155 FORM OF RESERVES.

Texas Statutes

§ 1272.155 — FORM OF RESERVES.

Texas § 1272.155

Code INInsurance Code

This text of Texas § 1272.155 (FORM OF RESERVES.) 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. Insurance Code Code Ann. § 1272.155 (2026).

Text

Sec. 1272.155. FORM OF RESERVES. The reserves required under this subchapter must be:

(1)secured by and consist only of United States legal tender or bonds of the United States or this state;

(2)held at a financial institution in this state that is chartered by the United States or this state; and

(3)held in trust for, for the benefit of, or to provide health care services to enrollees under the delegation agreement.

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Sec. 1272.155. FORM OF RESERVES. The reserves required under this subchapter must be:
(1) secured by and consist only of United States legal tender or bonds of the United States or this state;
(2) held at a financial institution in this state that is chartered by the United States or this state; and
(3) held in trust for, for the benefit of, or to provide health care services to enrollees under the delegation agreement.