Texas Statutes
Subchapter D. Authorized Investments and Transactions for Other Life, Health, and Accident Insurers
Section 425.226. Investment in Stock Subject to Assessment Prohibited

Sec. 425.226. INVESTMENT IN STOCK SUBJECT TO ASSESSMENT PROHIBITED. An insurer may not invest any of the insurer's funds in a stock, the holder or owner of which is or may become liable for any assessment other than taxes.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Structure Texas Statutes

Texas Statutes

Insurance Code

Title 4 - Regulation of Solvency

Subtitle B - Reserves and Investments

Chapter 425 - Reserves and Investments for Life Insurance Companies and Related Entities

Subchapter D. Authorized Investments and Transactions for Other Life, Health, and Accident Insurers

Section 425.201. Definition

Section 425.202. Applicability of Subchapter

Section 425.203. Limitation on Funds and Other Assets

Section 425.204. Approval of Investments and Loans Required

Section 425.205. Authorized Investments for All Funds: Government Bonds

Section 425.206. Authorized Investments for All Funds: Corporate Bonds, Notes, and Debentures

Section 425.2061. Authorized Investments for All Funds: Bond Exchange-Traded Funds

Section 425.207. Authorized Investments for All Funds: Shares of Savings and Loan Associations

Section 425.208. Authorized Investments for All Funds: Bank and Bank Holding Company Stocks

Section 425.209. Authorized Investments for All Funds: Debentures of Public Utility Corporations

Section 425.210. Authorized Investments for All Funds: Preferred Stock of Public Utility Corporations

Section 425.211. Authorized Investments for All Funds: Bonds Issued, Assumed, or Guaranteed in International Market

Section 425.212. Authorized Investments for All Funds: Securities or Investments Authorized or Described by Specific Statutory Provision

Section 425.213. Authorized Investments for All Funds: Other Securities Specifically Authorized by Law

Section 425.214. Authorized Investments for All Funds: Loans Secured by Real Property

Section 425.215. Authorized Investments for All Funds: Loans Secured by Certain Collateral Secured by Real Property

Section 425.216. Authorized Investments for All Funds: Policy Loans

Section 425.217. Authorized Investments for All Funds: Loans Secured by Certain Securities

Section 425.218. Authorized Investments for All Funds: Securities Not Otherwise Specified

Section 425.219. Authorized Investments for Policy Reserves and Surplus: Bonds of Certain Water Control and Improvement Districts

Section 425.220. Authorized Investments for Capital, Surplus, and Contingency Funds: Capital Stock, Bonds, and Other Corporate Obligations

Section 425.221. Authorized Investments for Capital, Surplus, and Contingency Funds: Bonds or Notes of Educational or Religious Corporations

Section 425.222. Authorized Investments for Capital, Surplus, and Contingency Funds: Life Income Interests in Qualified Trusts

Section 425.223. Authorized Investments for Capital, Surplus, and Contingency Funds: Capital Stock of Reinsurer

Section 425.224. Authorized Investments for Capital, Surplus, and Contingency Funds: Loans Secured by Corporate Stock

Section 425.225. Investment in Foreign Securities

Section 425.226. Investment in Stock Subject to Assessment Prohibited

Section 425.227. Certain Investment Powers Not a Restriction

Section 425.228. Investments of Ceding Insurer

Section 425.229. Authorized Investments: Real Estate for Insurer's Offices

Section 425.230. Authorized Investments: Oil, Gas, and Minerals

Section 425.231. Authorized Investments: Real Property Acquired Under Certain Circumstances

Section 425.232. Authorized Investments: Improved Income-Producing Real Property