STATUTORY PREMIUM RESERVE AND SUPPLEMENTAL RESERVE FUND.
Tex. INS Code § 2551.259.
in effectThe statutory premium reserve and supplemental reserve fund shall be:
(1) held in cash; or
(2) invested in first mortgage notes or other securities admissible for investment by title insurers under Section 2551.151 .
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
