LOAN OR ADVANCE PERMITTED.
Tex. INS Code § 427.051.
in effectAn 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.
