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2019 Texas Statutes
Insurance Code
Title 4 - Regulation of Solvency
Subtitle E - Requirements of Other Jurisdictions
Chapter 481 - Voluntary Deposits
Section 481.004. Access to Deposit
Universal Citation: TX Ins Code § 481.004 (2019)
Sec. 481.004. ACCESS TO DEPOSIT. In accordance with reasonable rules adopted by the comptroller and the commissioner, the proper officer of an insurer making a deposit as described by this chapter may at a reasonable time:
(1) examine the deposit;
(2) detach coupons from the securities; and
(3) collect interest on the deposit.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
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