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Texas Insurance Code - INS § 424.108. General Insurer Investment Limitations

Current as of January 01, 2024 | Updated by Findlaw Staff

An insurer may not acquire an investment in an investment pool if, as a result of and after making the investment, the aggregate amount of investments held by the insurer under this subchapter at the time of the investment:

(1) in a single investment pool would exceed 10 percent of the insurer's admitted assets;

(2) in all investment pools investing in investments authorized under Section 424.107 would exceed 25 percent of the insurer's admitted assets; or

(3) in all investment pools would exceed 35 percent of the insurer's admitted assets.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 424.108. General Insurer Investment Limitations - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-424-108/

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