Tex. Ins. Code § 841.406

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 841.406 - Investment of Certain Surplus By Organizing Company

If the company that organizes a limited purpose subsidiary life insurance company is a domestic life insurance company, the organizing company may invest funds from the organizing company's surplus in the limited purpose subsidiary life insurance company.

Tex. Ins. Code § 841.406

Added by Acts 2011, 82nd Leg., R.S., Ch. 1173, Sec. 1, eff. 6/17/2011.