Texas § 424.074 OTHER SPECIFICALLY AUTHORIZED INVESTMENTS.

Texas Statutes

§ 424.074 — OTHER SPECIFICALLY AUTHORIZED INVESTMENTS.

Texas § 424.074

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Tex. Insurance Code Code Ann. § 424.074 (2026).

Text

Sec. 424.074. OTHER SPECIFICALLY AUTHORIZED INVESTMENTS. An insurer may invest the insurer's funds in excess of minimum capital and surplus in:

(1)a savings account as authorized by Chapter 65 , Finance Code;

(2)a bond or other indebtedness as authorized by Sections 435.045 and 435.046, Government Code;

(3)a bond issued under Subchapter B , Chapter 1505 , Government Code;

(4)a bond as authorized by Subchapter B , Chapter 284 , Transportation Code;

(5)a municipal bond issued under Sections 51.038 and 51.039 , Water Code;

(6)an insured account or evidence of indebtedness as authorized by Section 1, Chapter 160, General Laws, Acts of the 43rd Legislature, Regular Session, 1933 (Article 842a , Vernon's Texas Civil Statutes);

(7)an insured or guaranteed obligation as authorized by Chapte

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Sec. 424.074. OTHER SPECIFICALLY AUTHORIZED INVESTMENTS. An insurer may invest the insurer's funds in excess of minimum capital and surplus in:
(1) a savings account as authorized by Chapter 65 , Finance Code;
(2) a bond or other indebtedness as authorized by Sections 435.045 and 435.046, Government Code;
(3) a bond issued under Subchapter B , Chapter 1505 , Government Code;
(4) a bond as authorized by Subchapter B , Chapter 284 , Transportation Code;
(5) a municipal bond issued under Sections 51.038 and 51.039 , Water Code;
(6) an insured account or evidence of indebtedness as authorized by Section 1, Chapter 160, General Laws, Acts of the 43rd Legislature, Regular Session, 1933 (Article 842a , Vernon's Texas Civil Statutes);
(7) an insured or guaranteed obligation as authorized by Chapter 230, Acts of the 49th Legislature, Regular Session, 1945 (Article 842a-1 , Vernon's Texas Civil Statutes);
(8) a bond issued under Section 1, Chapter 1, page 427, General Laws, Acts of the 46th Legislature, Regular Session, 1939 (Article 1269k-1 , Vernon's Texas Civil Statutes);
(9) a bond as authorized by Section 24, Chapter 110, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-133, Vernon's Texas Civil Statutes);
(10) a bond as authorized by Section 19, Chapter 340, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-137, Vernon's Texas Civil Statutes);
(11) a bond as authorized by Section 10, Chapter 398, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-138, Vernon's Texas Civil Statutes);
(12) a bond as authorized by Section 18, Chapter 465, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-139, Vernon's Texas Civil Statutes); or
(13) another investment specifically authorized by law.