Tex. Ins. Code § 425.001
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The commissioner, after determining the amount of the reserves required on all of a life insurance company's policies in force, shall ensure that the company has at least that amount in securities of the class and character required by the law of this state, after all debts and claims against the company and the minimum capital required by Chapter 841 or 982, as applicable, have been provided for.
Tex. Ins. Code § 425.001