Texas Statutes

§ 425.216 — AUTHORIZED INVESTMENTS FOR ALL FUNDS: POLICY LOANS.

Texas § 425.216

JurisdictionTexas

Code INInsurance Code

This text of Texas § 425.216 (AUTHORIZED INVESTMENTS FOR ALL FUNDS: POLICY LOANS.) 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. § 425.216 (2026).

Text

Sec. 425.216. AUTHORIZED INVESTMENTS FOR ALL FUNDS: POLICY LOANS.

(a)Subject to Subsection (b), an insurer may loan any of the insurer's funds and accumulations and take as collateral an insurance policy issued by the insurer.

(b)A loan on a policy under this section may not exceed the reserve value of the policy.

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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

§ 425.001

SECURITIES IN AMOUNT OF RESERVES REQUIRED.

§ 425.002

CERTAIN INSURERS: DEPOSIT OF SECURITIES, MONEY, OR PROPERTY IN AMOUNT OF LEGAL RESERVES.

§ 425.003

CERTAIN INSURERS: REQUIRED DEPOSITS OF SECURITIES; ADDITIONAL DEPOSITS AND WITHDRAWALS.

§ 425.004

RECORDS OF SECURITIES DEPOSITED WITH DEPARTMENT; REPORT OF VALUE.

§ 425.005

DEPARTMENT DUTIES REGARDING DEPOSITED SECURITIES; INSURANCE COMPANY ACCESS.

§ 425.006

ADDITIONAL RESERVES REQUIRED: SUBSTANDARD OR EXTRA HAZARDOUS POLICIES.

§ 425.007

SUBSCRIPTION TO OR UNDERWRITING PURCHASE OR SALE OF SECURITIES OR PROPERTY PROHIBITED; CONTROL OF DISPOSITION OF PROPERTY.

§ 425.008

AUTHORIZED INVESTMENTS FOR FOREIGN COMPANIES.

§ 425.009

§ 425.051

§ 425.052

§ 425.053

ANNUAL VALUATION OF RESERVES FOR POLICIES AND CONTRACTS ISSUED BEFORE OPERATIVE DATE OF VALUATION MANUAL.

§ 425.0535

ANNUAL VALUATION OF RESERVES FOR POLICIES AND CONTRACTS ISSUED ON OR AFTER OPERATIVE DATE OF VALUATION MANUAL.

§ 425.054

ACTUARIAL OPINION OF RESERVES ISSUED BEFORE OPERATIVE DATE OF VALUATION MANUAL.

§ 425.0545

ACTUARIAL OPINION OF RESERVES AFTER OPERATIVE DATE OF VALUATION MANUAL.

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Bluebook (online)

Texas § 425.216, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/425.216.