HB 130, 43rd R.S.
Relating to providing that hereafter no life insurance company shall be compelled as a condition of its right to transact life insurance business in Texas or otherwise, either to invest or to keep invested in Texas securities and/or Texas real estate a sum of money equal to 75 or any other per centum of its Texas reserve, but that each life insurance company shall continue bound to make reports of the amounts of its Texas reserves and of its investments in Texas securities and in Texas real estate.
Author: Preston Louis Anderson
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