Tex. Ins. Code § 823.252

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 823.252 - General Authority Relating to Affiliates

A domestic insurer, by itself or in cooperation with one or more other persons, may organize, acquire, invest in, or make loans to one or more subsidiaries, and may loan to or invest in affiliates, as permitted by the provisions of this code governing investments.

Tex. Ins. Code § 823.252

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.