Texas § 425.204 APPROVAL OF INVESTMENTS AND LOANS REQUIRED.

Texas Statutes

§ 425.204 — APPROVAL OF INVESTMENTS AND LOANS REQUIRED.

Texas § 425.204

Code INInsurance Code

This text of Texas § 425.204 (APPROVAL OF INVESTMENTS AND LOANS REQUIRED.) 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. § 425.204 (2026).

Text

Sec. 425.204. APPROVAL OF INVESTMENTS AND LOANS REQUIRED.

(a)An insurer may not make an investment unless the investment has been authorized by the insurer's board of directors or by a committee responsible for supervising investments.

(b)An insurer may not make a loan other than a policy loan unless the loan has been authorized by the insurer's board of directors or by a committee responsible for supervising loans.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 425.204. APPROVAL OF INVESTMENTS AND LOANS REQUIRED. (a) An insurer may not make an investment unless the investment has been authorized by the insurer's board of directors or by a committee responsible for supervising investments.
(b) An insurer may not make a loan other than a policy loan unless the loan has been authorized by the insurer's board of directors or by a committee responsible for supervising loans.