Texas § 424.113 INVESTMENT POOL RECORDS.

Texas Statutes

§ 424.113 — INVESTMENT POOL RECORDS.

Texas § 424.113

Code INInsurance Code

This text of Texas § 424.113 (INVESTMENT POOL RECORDS.) 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. § 424.113 (2026).

Text

Sec. 424.113. INVESTMENT POOL RECORDS. The pool manager shall compile and maintain:

(1)detailed accounting records that show:

(A)the cash receipts and disbursements reflecting each pool participant's proportionate investment in the investment pool; and

(B)a complete description of all the pool's underlying assets, including the amount, interest rate, and maturity date, if any, of each of those assets and other appropriate designations; and

(2)other records that, on a daily basis, allow third parties to verify each participant's investment in the pool.

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Sec. 424.113. INVESTMENT POOL RECORDS. The pool manager shall compile and maintain:
(1) detailed accounting records that show:
(A) the cash receipts and disbursements reflecting each pool participant's proportionate investment in the investment pool; and
(B) a complete description of all the pool's underlying assets, including the amount, interest rate, and maturity date, if any, of each of those assets and other appropriate designations; and
(2) other records that, on a daily basis, allow third parties to verify each participant's investment in the pool.