Texas Statutes
§ 424.154 — CASH REQUIREMENTS.
Texas § 424.154
JurisdictionTexas
Code INInsurance Code
This text of Texas § 424.154 (CASH REQUIREMENTS.) 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. § 424.154 (2026).
Text
Sec. 424.154. CASH REQUIREMENTS. With respect to cash received in a transaction under this subchapter, an insurer shall:
(1)invest the cash in accordance with this subchapter and in a manner that recognizes the liquidity needs of the transaction; or
(2)use the cash for the insurer's general corporate purposes.
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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
DEFINITIONS.§ 424.002
INAPPLICABILITY OF CERTAIN LAW.§ 424.056
WRITTEN INVESTMENT PLAN.§ 424.057
INVESTMENT RECORDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 424.154, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/424.154.