Tex.
Ins. Code Section 424.074
Other Specifically Authorized Investments
(1)
a savings account as authorized by Chapter 65 (Savings Accounts), Finance Code;(2)
a bond or other indebtedness as authorized by Sections 435.045 and 435.046, Government Code;(3)
a bond issued under Subchapter B, Chapter 1505 (Obligations for Coastal Municipalities for Coastal Matters), Government Code;(4)
a bond as authorized by Subchapter B, Chapter 284 (Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties), Transportation Code;(5)
a municipal bond issued under Sections 51.038 (Municipal Districts) and 51.039 (Bonds of Municipal Districts), Water Code;(6)
an insured account or evidence of indebtedness as authorized by Section 1, Chapter 160, General Laws, Acts of the 43rd Legislature, Regular Session, 1933 (Article 842a, Vernon’s Texas Civil Statutes);(7)
an insured or guaranteed obligation as authorized by Chapter 230, Acts of the 49th Legislature, Regular Session, 1945 (Article 842a-1, Vernon’s Texas Civil Statutes);(8)
a bond issued under Section 1, Chapter 1, page 427, General Laws, Acts of the 46th Legislature, Regular Session, 1939 (Article 1269k-1, Vernon’s Texas Civil Statutes);(9)
a bond as authorized by Section 24, Chapter 110, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-133, Vernon’s Texas Civil Statutes);(10)
a bond as authorized by Section 19, Chapter 340, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-137, Vernon’s Texas Civil Statutes);(11)
a bond as authorized by Section 10, Chapter 398, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-138, Vernon’s Texas Civil Statutes);(12)
a bond as authorized by Section 18, Chapter 465, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-139, Vernon’s Texas Civil Statutes); or(13)
another investment specifically authorized by law.
Source:
Section 424.074 — Other Specifically Authorized Investments, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.424.htm#424.074 (accessed Jun. 5, 2024).
