Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 5 - PROPERTY AND CASUALTY INSURANCE
Subchapter E - TEXAS WINDSTORM INSURANCE ASSOCIATION
Division 3 - LOSS FUNDING, INCLUDING CATASTROPHE RESERVE TRUST FUND, FINANCING ARRANGEMENTS, AND PUBLIC SECURITIES
Section 5.4113 - Investments of Catastrophe Reserve Trust Fund
Current through Reg. 50, No. 13; March 28, 2025
(a) Subject to Insurance Code § 2210.4521, the money in the CRTF may only be invested in investments as authorized by Government Code § 404.024 and § 404.106, and as amended.
(b) The association does not have authority to direct investments or money in the CRTF.
(c) All earnings and losses from the investment of funds in the CRTF must be credited to or charged against the CRTF . Investment income on money in the CRTF must be maintained as part of the funds in the CRTF.
(d) CRTF funds may be intermingled with other funds held by the trust company for the purposes of common investment and operational efficiency.