Tex. Ins. Code § 228.155

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 228.155 - Computation of Amount of Investments
(a) The aggregate cumulative amount of all qualified investments made by a certified capital company after the company's allocation date shall be considered in the computation of the percentage requirements under this subchapter.
(b) A certified capital company may invest proceeds received from a qualified investment in another qualified investment, and that investment counts toward any requirement of this chapter with respect to investments of certified capital.

Tex. Ins. Code § 228.155

Added by Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 1B.001, eff. 4/1/2009.