Insurance Code § 823.254
A domestic insurer with total liabilities below 10% of assets may invest any amount in affiliate securities if surplus remains reasonable and adequate after treating the investment as a nonadmitted asset.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
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affiliate transactions capital adequacy investments
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Insurance Code § 823.254
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