Tex. Ins. Code § 424.153
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
An insurer must enter into a written agreement for each transaction under this subchapter, other than a dollar roll transaction. The agreement must require that the transaction terminate on or before the first anniversary of the transaction's inception.
Tex. Ins. Code § 424.153