Texas § IN.228.154 - CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS
Full text of Texas The Texas Constitution § IN.228.154 — CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS, with citation guidance and answers to common questions.
§ IN.228.154. CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS
CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS. A certified capital company shall invest any certified capital not invested in qualified investments only in: (1) cash deposited with a federally insured financial institution; (2) certificates of deposit in a federally insured financial institution; (3) investment securities that are: (A) obligations of the United States or agencies or instrumentalities of the United States; or (B) obligations that are guaranteed fully as to principal and interest by the United States; (4) debt instruments rated at least "A" or the equivalent by a nationally recognized credit rating organization, or issued by, or guaranteed with respect to payment by, an entity whose unsecured indebtedness is rated at least "A" or the equivalent by a nationally recognized credit rating organization, and which indebtedness is not subordinated to other unsecured indebtedness of the issuer or the guarantor; (5) obligations of this state or a municipality or political subdivision of this state; or (6) any other investment approved in advance in writing by the comptroller. Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 1B.001, eff. April 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.228.154
What does The Texas Constitution § IN.228.154 cover?
Section IN.228.154 ("CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS") 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.228.154?
A common citation format is "The Texas Constitution § IN.228.154" (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.228.154 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.