Sec. 425.216. AUTHORIZED INVESTMENTS FOR ALL FUNDS: POLICY LOANS. (a) Subject to Subsection (b), an insurer may loan any of the insurer's funds and accumulations and take as collateral an insurance policy issued by the insurer. (b) A loan on a policy under this section may not exceed the reserve value of the policy. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Authorized Investments For All Funds: Policy Loans
Tex. Insurance Code § 425.216, under Chapter 425.
Tex. Insurance Code § 425.216