Tex. Ins. Code Section 427.051
Loan or Advance Permitted

An insurer or health maintenance organization may obtain a loan or an advance, repayable with interest, of:

(1)

cash;

(2)

cash equivalents; or

(3)

other assets that have a readily determinable value and are satisfactory to the commissioner.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Source: Section 427.051 — Loan or Advance Permitted, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­427.­htm#427.­051 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 427.051’s source at texas​.gov