INVESTMENT OF EXCESS UNENCUMBERED SURPLUS.
Tex. INS Code § 882.304.
in effectA mutual life insurance company that is granted a charter under this chapter may invest that part of the company's unencumbered surplus that exceeds $100,000 as provided by this code for companies operating under Chapter 841 .
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
