Insurance Code § 882.253
Certain officers, directors, or authorized persons may loan money to a mutual life insurance company for specified business or legal purposes, and the company may repay the loan with interest subject to a 10% annual cap.
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- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
company loans interest reporting surplus requirements
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Insurance Code § 882.253
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