Texas Insurance Code - INS § 422.052. Report to Commissioner

(1) the amount and identity of the pledged or encumbered asset;  and

(2) the terms of the transaction.

(1) title to assets that equal the amount of the insurer's policy reserve liabilities and that are not pledged or otherwise encumbered is vested in the insurer;

(2) the only assets of the insurer that are pledged or otherwise encumbered are those identified and reported in the sworn statement, and no other assets of the insurer are pledged or otherwise encumbered;  and

(3) the terms of the transaction pledging or otherwise encumbering the assets are those reported in the sworn statement.