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TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 5 - PROPERTY AND CASUALTY INSURANCE
SUBCHAPTER G - WORKERS' COMPENSATION INSURANCE
SECTION/RULE §5.6410 - Investments
Chapter Review Date 06/08/2021

(a) The board of trustees shall maintain responsibility for all money collected or disbursed from the group.(b) The board shall annually adopt a written investment plan consistent with the requirements for the investments authorized under Insurance Code Article 2.10 and §822.204 for minimum capital and surplus and reserves. The investment plan shall meet the requirements of Insurance Code Article 2.10(a).(c) With the prior written approval of the Commissioner, a group may invest up to 5% of its assets in a manner other than that authorized under this section.(d) The group shall hold all investments in accordance with Texas Insurance Code Article 21.39B.

Source Note: The provisions of this §5.6410 adopted to be effective August 31, 2004, 29 TexReg 8353.

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