Tex. Ins. Code § 1102.005

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

Section 1102.005 - Rules

The commissioner may adopt reasonable rules to accomplish the purposes of this chapter, including rules requiring:

(1) appropriate reserves for insurance policies subject to this chapter; or

(2) prudent investment of premiums collected from insurance policies subject to this chapter regardless of any other provision of this code related to the investment of money by an insurance company.

Tex. Ins. Code § 1102.005

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.