Sec. 424.074.  OTHER SPECIFICALLY AUTHORIZED INVESTMENTS.  An insurer may invest the insurer's funds in excess of minimum capital and surplus in:
(1)  a savings account as authorized by Chapter 65, Finance Code;
(2)  a bond or other indebtedness as authorized by Sections 435.045 and 435.046, Government Code;
(3)  a bond issued under Subchapter B, Chapter 1505, Government Code;
(4)  a bond as authorized by Subchapter B, Chapter 284, Transportation Code;
(5)  a municipal bond issued under Sections 51.038 and 51.039, Water Code;
(6)  an insured account or evidence of indebtedness as authorized by Section 1, Chapter 160, General Laws, Acts of the 43rd Legislature, Regular Session, 1933 (Article 842a, Vernon's Texas Civil Statutes);
(7)  an insured or guaranteed obligation as authorized by Chapter 230, Acts of the 49th Legislature, Regular Session, 1945 (Article 842a-1, Vernon's Texas Civil Statutes);
(8)  a bond issued under Section 1, Chapter 1, page 427, General Laws, Acts of the 46th Legislature, Regular Session, 1939 (Article 1269k-1, Vernon's Texas Civil Statutes);
(9)  a bond as authorized by Section 24, Chapter 110, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-133, Vernon's Texas Civil Statutes);
(10)  a bond as authorized by Section 19, Chapter 340, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-137, Vernon's Texas Civil Statutes);
(11)  a bond as authorized by Section 10, Chapter 398, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-138, Vernon's Texas Civil Statutes);
(12)  a bond as authorized by Section 18, Chapter 465, Acts of the 51st Legislature, Regular Session, 1949 (Article 8280-139, Vernon's Texas Civil Statutes); or
(13)  another investment specifically authorized by law.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.