Sec. 822.209. REINVESTMENT OF CAPITAL STOCK. An insurance company may, as circumstances require, exchange and reinvest its capital stock in like securities. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Reinvestment of Capital Stock
Tex. Insurance Code § 822.209, under General Incorporation and Regulatory Requirements For Insurance Companies Other Than Life, Health, Or Accident Insurance Companies.
Tex. Insurance Code § 822.209