Insurance Code § 823.254 — United States — Texas law | Esheria

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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