Texas § 424.108 GENERAL INSURER INVESTMENT LIMITATIONS.

Texas Statutes

§ 424.108 — GENERAL INSURER INVESTMENT LIMITATIONS.

Texas § 424.108

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 424.108 (2026).

Text

Sec. 424.108. GENERAL INSURER INVESTMENT LIMITATIONS. An insurer may not acquire an investment in an investment pool if, as a result of and after making the investment, the aggregate amount of investments held by the insurer under this subchapter at the time of the investment:

(1)in a single investment pool would exceed 10 percent of the insurer's admitted assets;

(2)in all investment pools investing in investments authorized under Section 424.107 would exceed 25 percent of the insurer's admitted assets; or

(3)in all investment pools would exceed 35 percent of the insurer's admitted assets.

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Sec. 424.108. GENERAL INSURER INVESTMENT LIMITATIONS. An insurer may not acquire an investment in an investment pool if, as a result of and after making the investment, the aggregate amount of investments held by the insurer under this subchapter at the time of the investment:
(1) in a single investment pool would exceed 10 percent of the insurer's admitted assets;
(2) in all investment pools investing in investments authorized under Section 424.107 would exceed 25 percent of the insurer's admitted assets; or
(3) in all investment pools would exceed 35 percent of the insurer's admitted assets.