Texas Statutes
Chapter 425 - Reserves and Investments for Life Insurance Companies and Related Entities
Subchapter C. Authorized Investments and Transactions for Capital Stock Life, Health, and Accident Insurers

Section 425.101. Definitions - Sec. 425.101. DEFINITIONS. In this subchapter: (1) "Assets" means the...

Section 425.102. Inapplicability of Certain Law - Sec. 425.102. INAPPLICABILITY OF CERTAIN LAW. The definition of "state"...

Section 425.103. Applicability of Subchapter - Sec. 425.103. APPLICABILITY OF SUBCHAPTER. (a) This subchapter and rules...

Section 425.104. Purpose - Sec. 425.104. PURPOSE. The purpose of this subchapter is to...

Section 425.105. Written Investment Plan - Sec. 425.105. WRITTEN INVESTMENT PLAN. (a) Each insurance company's board...

Section 425.106. Investment Records; Demonstration of Compliance - Sec. 425.106. INVESTMENT RECORDS; DEMONSTRATION OF COMPLIANCE. An insurance company...

Section 425.108. Authorized Investments and Transactions in General - Sec. 425.108. AUTHORIZED INVESTMENTS AND TRANSACTIONS IN GENERAL. (a) Subject...

Section 425.109. Authorized Investments: Government Obligations - Sec. 425.109. AUTHORIZED INVESTMENTS: GOVERNMENT OBLIGATIONS. (a) An insurance company...

Section 425.110. Authorized Investments: Obligations of and Other Investments in Business Entities - Sec. 425.110. AUTHORIZED INVESTMENTS: OBLIGATIONS OF AND OTHER INVESTMENTS IN...

Section 425.111. Authorized Investments: Bonds Issued, Assumed, or Guaranteed in International Market - Sec. 425.111. AUTHORIZED INVESTMENTS: BONDS ISSUED, ASSUMED, OR GUARANTEED IN...

Section 425.112. Authorized Investments: Policy Loans - Sec. 425.112. AUTHORIZED INVESTMENTS: POLICY LOANS. An insurance company may...

Section 425.113. Authorized Investments: Deposits in Certain Financial Institutions - Sec. 425.113. AUTHORIZED INVESTMENTS: DEPOSITS IN CERTAIN FINANCIAL INSTITUTIONS. (a)...

Section 425.114. Authorized Investments: Insurance Company Investment Pools - Sec. 425.114. AUTHORIZED INVESTMENTS: INSURANCE COMPANY INVESTMENT POOLS. (a) In...

Section 425.115. Authorized Investments: Equity Interests - Sec. 425.115. AUTHORIZED INVESTMENTS: EQUITY INTERESTS. (a) In this section,...

Section 425.116. Authorized Investments: Preferred Stock - Sec. 425.116. AUTHORIZED INVESTMENTS: PREFERRED STOCK. (a) Subject to this...

Section 425.117. Authorized Investments: Collateral Loans - Sec. 425.117. AUTHORIZED INVESTMENTS: COLLATERAL LOANS. (a) Subject to this...

Section 425.118. Authorized Investments: Obligations Secured by Real Property Loans - Sec. 425.118. AUTHORIZED INVESTMENTS: OBLIGATIONS SECURED BY REAL PROPERTY LOANS....

Section 425.1185. Authorized Investments: Mezzanine Real Estate Loans - Sec. 425.1185. AUTHORIZED INVESTMENTS: MEZZANINE REAL ESTATE LOANS. (a) In...

Section 425.119. Authorized Investments: Real Property - Sec. 425.119. AUTHORIZED INVESTMENTS: REAL PROPERTY. (a) Subject to this...

Section 425.120. Authorized Investments: Oil, Gas, and Minerals - Sec. 425.120. AUTHORIZED INVESTMENTS: OIL, GAS, AND MINERALS. (a) In...

Section 425.121. Authorized Investments: Securities Lending, Repurchase, Reverse Repurchase, and Dollar Roll Transactions - Sec. 425.121. AUTHORIZED INVESTMENTS: SECURITIES LENDING, REPURCHASE, REVERSE REPURCHASE, AND...

Section 425.122. Authorized Investments: Premium Loans - Sec. 425.122. AUTHORIZED INVESTMENTS: PREMIUM LOANS. (a) Subject to Subsection...

Section 425.123. Authorized Investments: Money Market Funds - Sec. 425.123. AUTHORIZED INVESTMENTS: MONEY MARKET FUNDS. (a) An insurance...

Section 425.124. Authorized Investments: Risk Control Transactions - Sec. 425.124. AUTHORIZED INVESTMENTS: RISK CONTROL TRANSACTIONS. Subject to Sections...

Section 425.125. Risk Control Transactions: Definitions - Sec. 425.125. RISK CONTROL TRANSACTIONS: DEFINITIONS. In Sections 425.124-425.132: (1)...

Section 425.126. Risk Control Transactions: Derivative Use Plan - Sec. 425.126. RISK CONTROL TRANSACTIONS: DERIVATIVE USE PLAN. (a) Before...

Section 425.127. Risk Control Transactions: Internal Control Procedures - Sec. 425.127. RISK CONTROL TRANSACTIONS: INTERNAL CONTROL PROCEDURES. An insurance...

Section 425.128. Risk Control Transactions: Oversight by Commissioner - Sec. 425.128. RISK CONTROL TRANSACTIONS: OVERSIGHT BY COMMISSIONER. (a) An...

Section 425.129. Risk Control Transactions: Limitations on Income Generation Transactions - Sec. 425.129. RISK CONTROL TRANSACTIONS: LIMITATIONS ON INCOME GENERATION TRANSACTIONS....

Section 425.130. Risk Control Transactions: Limitations on Replication Transactions - Sec. 425.130. RISK CONTROL TRANSACTIONS: LIMITATIONS ON REPLICATION TRANSACTIONS. (a)...

Section 425.131. Risk Control Transactions: Trading Requirements - Sec. 425.131. RISK CONTROL TRANSACTIONS: TRADING REQUIREMENTS. For purposes of...

Section 425.132. Risk Control Transactions: Offsetting Transactions - Sec. 425.132. RISK CONTROL TRANSACTIONS: OFFSETTING TRANSACTIONS. (a) Subject to...

Section 425.151. Authorized Investments: Foreign Countries and United States Territories - Sec. 425.151. AUTHORIZED INVESTMENTS: FOREIGN COUNTRIES AND UNITED STATES TERRITORIES....

Section 425.152. Authorized Investments: Investments Not Otherwise Specified or Prohibited; Investments Authorized by Other Law - Sec. 425.152. AUTHORIZED INVESTMENTS: INVESTMENTS NOT OTHERWISE SPECIFIED OR PROHIBITED;...

Section 425.153. Authorized Investments: Certain Previously Authorized Investments - Sec. 425.153. AUTHORIZED INVESTMENTS: CERTAIN PREVIOUSLY AUTHORIZED INVESTMENTS. (a) An...

Section 425.154. Applicability of Percentage Authorizations and Limitations - Sec. 425.154. APPLICABILITY OF PERCENTAGE AUTHORIZATIONS AND LIMITATIONS. The percentage...

Section 425.155. Qualification of Investments - Sec. 425.155. QUALIFICATION OF INVESTMENTS. (a) The qualification or disqualification...

Section 425.156. Distributions, Reinsurance, and Merger - Sec. 425.156. DISTRIBUTIONS, REINSURANCE, AND MERGER. (a) This subchapter does...

Section 425.157. Aggregate Diversification Requirements - Sec. 425.157. AGGREGATE DIVERSIFICATION REQUIREMENTS. (a) This section takes precedence...

Section 425.158. Waiver by Commissioner of Quantitative Limitations - Sec. 425.158. WAIVER BY COMMISSIONER OF QUANTITATIVE LIMITATIONS. (a) The...

Section 425.159. Accounting Provisions - Sec. 425.159. ACCOUNTING PROVISIONS. (a) Each insurance company shall maintain...

Section 425.160. Investments of Ceding Insurers - Sec. 425.160. INVESTMENTS OF CEDING INSURERS. (a) Subject to this...

Section 425.161. Acting as Real Estate Broker or Salesperson Prohibited - Sec. 425.161. ACTING AS REAL ESTATE BROKER OR SALESPERSON PROHIBITED....

Section 425.162. Rules - Sec. 425.162. RULES. The commissioner may adopt rules, minimum standards,...