Texas Insurance Code 228.256 – Treatment of Credits and Capital
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Terms Used In Texas Insurance Code 228.256
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
In any case under this code or another insurance law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.