Texas § 885.262 INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS.

Texas Statutes

§ 885.262 — INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS.

Texas § 885.262

Code INInsurance Code

This text of Texas § 885.262 (INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS.) 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. § 885.262 (2026).

Text

Sec. 885.262. INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS.

(a)Except as provided by Subsection (b), a fraternal benefit society may invest its funds only in securities permitted by state law for the investment of the assets of life insurance companies.

(b)A foreign fraternal benefit society authorized to or seeking to engage in the business of insurance in this state that invests its funds in accordance with the laws of the state in which the society is incorporated is considered to meet the requirements of this chapter for the investment of funds.

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Sec. 885.262. INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS. (a) Except as provided by Subsection (b), a fraternal benefit society may invest its funds only in securities permitted by state law for the investment of the assets of life insurance companies.
(b) A foreign fraternal benefit society authorized to or seeking to engage in the business of insurance in this state that invests its funds in accordance with the laws of the state in which the society is incorporated is considered to meet the requirements of this chapter for the investment of funds.