Texas § 424.107 AUTHORIZED INVESTMENTS FOR AUTHORIZED INVESTMENT POOL; LIMITATION.

Texas Statutes

§ 424.107 — AUTHORIZED INVESTMENTS FOR AUTHORIZED INVESTMENT POOL; LIMITATION.

Texas § 424.107

Code INInsurance Code

This text of Texas § 424.107 (AUTHORIZED INVESTMENTS FOR AUTHORIZED INVESTMENT POOL; LIMITATION.) 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. § 424.107 (2026).

Text

Sec. 424.107. AUTHORIZED INVESTMENTS FOR AUTHORIZED INVESTMENT POOL; LIMITATION.

(a)An authorized investment pool may contain only investments that a participating insurer is authorized to acquire by provisions of this code other than this subchapter.

(b)The insurer's total of proportionate ownership interests in a single authorized investment held by an authorized investment pool and the insurer's direct investments in that authorized investment may not exceed the limit prescribed by the applicable authorizing provision.

(c)In addition to the limitation described by Subsection (b), an insurer is subject to the limitations described by Section 424.108 .

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Sec. 424.107. AUTHORIZED INVESTMENTS FOR AUTHORIZED INVESTMENT POOL; LIMITATION. (a) An authorized investment pool may contain only investments that a participating insurer is authorized to acquire by provisions of this code other than this subchapter.
(b) The insurer's total of proportionate ownership interests in a single authorized investment held by an authorized investment pool and the insurer's direct investments in that authorized investment may not exceed the limit prescribed by the applicable authorizing provision.
(c) In addition to the limitation described by Subsection (b), an insurer is subject to the limitations described by Section 424.108 .