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Texas Insurance Code - INS § 424.115. Reports of Transactions Between Pool and Participant

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

(a) A transaction between an investment pool and a pool participant is not subject to Subchapter C, Chapter 823,  1 except that before entering into a pool, an insurer subject to Chapter 823 shall give the commissioner the written notice required under Section 823.103.

(b) The investment pool's investment activities and the transactions between the pool and a pool participant must be reported in the registration statement required by Subchapter B, Chapter 823.  2

1 V.T.C.A., Insurance Code § 823.101 et seq.
2 V.T.C.A., Insurance Code § 823.051 et seq.
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Cite this article: FindLaw.com - Texas Insurance Code - INS § 424.115. Reports of Transactions Between Pool and Participant - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-424-115/

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