Sec. 425.211.  AUTHORIZED INVESTMENTS FOR ALL FUNDS:  BONDS ISSUED, ASSUMED, OR GUARANTEED IN INTERNATIONAL MARKET.  An insurer may invest any of the insurer's funds and accumulations in bonds issued, assumed, or guaranteed by:
(1)  the Inter-American Development Bank;
(2)  the International Bank for Reconstruction and Development (the World Bank);
(3)  the African Development Bank;
(4)  the Asian Development Bank;
(5)  the International Finance Corporation; and
(6)  the State of Israel.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.