Texas § IN.1272.155 - FORM OF RESERVES
Full text of Texas The Texas Constitution § IN.1272.155 — FORM OF RESERVES, with citation guidance and answers to common questions.
§ IN.1272.155. FORM OF RESERVES
FORM OF RESERVES. The reserves required under this subchapter must be: (1) secured by and consist only of United States legal tender or bonds of the United States or this state; (2) held at a financial institution in this state that is chartered by the United States or this state; and (3) held in trust for, for the benefit of, or to provide health care services to enrollees under the delegation agreement. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1272.155
What does The Texas Constitution § IN.1272.155 cover?
Section IN.1272.155 ("FORM OF RESERVES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1272.155?
A common citation format is "The Texas Constitution § IN.1272.155" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1272.155 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.