Sec. 424.102. AUTHORITY TO INVEST IN POOL. An insurer may acquire investments and participate in an investment pool that is qualified under Section 424.103(b) and the investments of which are limited to investments authorized for:
(1) a short-term investment pool under Section 424.104; or
(2) an authorized investment pool under Section 424.107.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Structure Texas Statutes
Title 4 - Regulation of Solvency
Subtitle B - Reserves and Investments
Chapter 424 - Investments for Certain Insurers
Subchapter C. Investment Pools
Section 424.102. Authority to Invest in Pool
Section 424.103. Investment Pool Requirements and Qualifications
Section 424.104. Authorized Investments for Short-Term Investment Pool
Section 424.105. Short-Term Investment Pool: Certain Short-Term Obligations
Section 424.107. Authorized Investments for Authorized Investment Pool; Limitation
Section 424.108. General Insurer Investment Limitations
Section 424.109. Designation of Pool Manager; Qualifications
Section 424.110. Pool Manager to Maintain Assets; Custody Agreement
Section 424.111. Pooling Agreement Provisions
Section 424.112. Withdrawals and Distributions
Section 424.113. Investment Pool Records
Section 424.114. Inspection of Records
Section 424.115. Reports of Transactions Between Pool and Participant