The statutory premium reserve and supplemental reserve fund shall be:
(1) held in cash; or
(2) invested in first mortgage notes or other securities admissible for investment by title insurers under Section 2551.151.
Tex. Ins. Code § 2551.259
STATUTORY PREMIUM RESERVE AND SUPPLEMENTAL RESERVE FUND
Known as the Texas Title Insurance Act
The act spans §§ 2501.001 to 2751.104 (197 sections).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.