Texas Statutes

§ 424.051 — GENERAL INVESTMENT AUTHORITY SPECIFIED BY LAW.

Texas § 424.051

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Code INInsurance Code

This text of Texas § 424.051 (GENERAL INVESTMENT AUTHORITY SPECIFIED BY LAW.) 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. § 424.051 (2026).

Text

Sec. 424.051. GENERAL INVESTMENT AUTHORITY SPECIFIED BY LAW. An insurer may not invest the insurer's funds in excess of minimum capital and surplus, except that an insurer may invest as otherwise authorized by this code.

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Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.

Nearby Sections

15

§ 424.001

§ 424.002

INAPPLICABILITY OF CERTAIN LAW.

§ 424.051

GENERAL INVESTMENT AUTHORITY SPECIFIED BY LAW.

§ 424.052

ADDITIONAL GENERAL INVESTMENT AUTHORITY.

§ 424.053

LIMITATION AS TO SINGLE ISSUER OR BORROWER.

§ 424.054

APPLICABILITY OF PERCENTAGE AUTHORIZATIONS AND LIMITATIONS.

§ 424.055

WAIVER BY COMMISSIONER OF QUANTITATIVE LIMITATIONS.

§ 424.056

WRITTEN INVESTMENT PLAN.

§ 424.057

INVESTMENT RECORDS.

§ 424.058

AUTHORIZED INVESTMENTS: FORM OF MINIMUM CAPITAL AND SURPLUS.

§ 424.059

AUTHORIZED INVESTMENTS: GOVERNMENT OBLIGATIONS.

§ 424.060

AUTHORIZED INVESTMENTS: STOCK OF NATIONAL OR STATE BANK.

§ 424.061

AUTHORIZED INVESTMENTS: DEPOSITS IN CERTAIN FINANCIAL INSTITUTIONS.

§ 424.062

AUTHORIZED INVESTMENTS: CERTAIN OBLIGATIONS OF PARTNERSHIP OR CORPORATION.

§ 424.063

AUTHORIZED INVESTMENTS: MUTUAL FUNDS.

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Bluebook (online)

Texas § 424.051, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/424.051.