Texas Insurance Code
Sec. § 964.061


A captive insurance company is not subject to a restriction on allowable investments, except as provided by this section.


A captive insurance company may make loans to its affiliates with the prior approval of the commissioner. Each loan must be evidenced by a note approved by the commissioner. A captive insurance company may not make a loan of the minimum capital and surplus funds, or the equivalent, required by this chapter.


The commissioner may prohibit or limit an investment that threatens the solvency or liquidity of a captive insurance company.
Added by Acts 2013, 83rd Leg., R.S., Ch. 569 (S.B. 734), Sec. 2, eff. June 14, 2013.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 1050 (H.B. 1944), Sec. 1.11, eff. June 15, 2017.
Last accessed
Oct. 14, 2020