Gavvy: Ins. Code, Sec. 425.154. Applicability of Percentage Authorizations and Limitations.

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Sec. 425.154. Applicability of Percentage Authorizations and Limitations.

Sec. 425.154. APPLICABILITY OF PERCENTAGE AUTHORIZATIONS AND LIMITATIONS. The percentage authorizations and limitations established by this subchapter apply only at the time an investment is originally acquired or a transaction is entered into and do not apply to the insurance company or the investment or transaction after that time, except as provided by Section 425.155.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.

Gavvy last updated this database on: Sep 6, 2024