Tex. Ins. Code § 1501.308

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1501.308 - System Notes As Legal Investment for Small Employer Health Benefit Plan Issuer

A note or other evidence of indebtedness of the system that is not in default is a legal investment for a small employer health benefit plan issuer and may be carried as an admitted asset.

Tex. Ins. Code § 1501.308

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.