Texas Statutes
§ 427.051 — LOAN OR ADVANCE PERMITTED.
Texas § 427.051
JurisdictionTexas
Code INInsurance Code
This text of Texas § 427.051 (LOAN OR ADVANCE PERMITTED.) 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. § 427.051 (2026).
Text
Sec. 427.051. LOAN OR ADVANCE PERMITTED. An insurer or health maintenance organization may obtain a loan or an advance, repayable with interest, of:
(1)cash;
(2)cash equivalents; or
(3)other assets that have a readily determinable value and are satisfactory to the commissioner.
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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
7
§ 427.001
APPLICABILITY OF CHAPTER.§ 427.002
RULES.§ 427.051
LOAN OR ADVANCE PERMITTED.§ 427.052
SUBORDINATED LIABILITY PERMITTED.§ 427.053
APPROVAL OF AGREEMENT REQUIRED.§ 427.054
LIABILITY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 427.051, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/427.051.