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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An insurer may not use the insurer's funds to make an investment or loan that is not authorized by this subchapter.
(b) An insurer may not secure, hold, or convey real property except as authorized by this subchapter.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 425.203. Limitation on Funds and Other Assets - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-425-203/
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