Texas § IN.425.130 - RISK CONTROL TRANSACTIONS

Full text of Texas The Texas Constitution § IN.425.130 — RISK CONTROL TRANSACTIONS, with citation guidance and answers to common questions.

§ IN.425.130. RISK CONTROL TRANSACTIONS

RISK CONTROL TRANSACTIONS: LIMITATIONS ON REPLICATION TRANSACTIONS. (a) An insurance company may enter into a replication transaction only with the prior written approval of the commissioner, and only if: (1) the company would otherwise be authorized to invest the company's funds under this subchapter in the asset being replicated; and (2) the asset being replicated is subject to all the provisions of this subchapter relating to the making of investments by the company in that type of asset as if the transaction constituted a direct investment by the company in the replicated asset. (b) The commissioner may adopt fair and reasonable rules regarding replication transactions to implement this section. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.

Related Texas Legal Topics

Frequently Asked Questions About Texas § IN.425.130

What does The Texas Constitution § IN.425.130 cover?

Section IN.425.130 ("RISK CONTROL TRANSACTIONS") 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.425.130?

A common citation format is "The Texas Constitution § IN.425.130" (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.425.130 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.