Texas Insurance Code - INS § 823.253. General Standard for Investment in Affiliate

(A) 10 percent of the insurer's assets;  or

(B) 50 percent of the insurer's policyholders' surplus;  and

(A) the total net amount spent and the amount of obligations assumed to acquire or form a subsidiary, including all organizational expenses and contributions to capital and surplus of the subsidiary regardless of whether represented by the purchase of capital stock or issuance of other securities;  and

(B) all amounts spent to acquire additional securities and all contributions to the capital or surplus of a subsidiary made after the acquisition or formation of the subsidiary.