Texas Statutes
§ 823.256 — COMMISSIONER'S APPROVAL OF INVESTMENT.
Texas § 823.256
JurisdictionTexas
Code INInsurance Code
This text of Texas § 823.256 (COMMISSIONER'S APPROVAL OF INVESTMENT.) 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. § 823.256 (2026).
Text
Sec. 823.256. COMMISSIONER'S APPROVAL OF INVESTMENT. With the prior approval of the commissioner, a domestic insurer may invest any amount in the securities of one or more affiliates if after the investment the insurer's policyholders' surplus is reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 823.001
FINDINGS AND PURPOSE.§ 823.002
DEFINITIONS.§ 823.007
DESCRIPTION OF VOTING SECURITY.§ 823.010
DISCLAIMER OF AFFILIATION.§ 823.011
CONFIDENTIALITY OF INFORMATION.§ 823.013
MANDAMUS.§ 823.0145
SUPERVISORY COLLEGES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 823.256, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/823.256.