# Tex. Insurance Code § 425.004: RECORDS OF SECURITIES DEPOSITED WITH DEPARTMENT; REPORT OF VALUE

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.004

## Section

- **Citation:** Tex. Insurance Code § 425.004
- **Heading:** RECORDS OF SECURITIES DEPOSITED WITH DEPARTMENT; REPORT OF VALUE
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code in / Chapter 425 / Section 425.004

## Text

Each life insurance company that is required by Section 425.003 to have securities on deposit with the department shall:

(1) keep records of:

(A) all of the company's outstanding registered policies and annuity contracts in force; and

(B) the net value of those policies and contracts; and

(2) not later than the 15th day after the last day of each calendar month, file with the department a report stating whether the value of the company's securities on deposit is equal to or greater than the aggregate net value of the company's registered policies and annuity contracts outstanding and in force at the end of the preceding calendar month.

## Nearby sections

- [Tex. Insurance Code § 425.001 § 425.001. SECURITIES IN AMOUNT OF RESERVES REQUIRED.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.001.md)
- [Tex. Insurance Code § 425.002 § 425.002.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.002.md)
- [Tex. Insurance Code § 425.003 § 425.003.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.003.md)
- [Tex. Insurance Code § 425.004 § 425.004. RECORDS OF SECURITIES DEPOSITED WITH DEPARTMENT; REPORT OF VALUE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.004.md)
- [Tex. Insurance Code § 425.005 § 425.005. DEPARTMENT DUTIES REGARDING DEPOSITED SECURITIES; INSURANCE COMPANY ACCESS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.005.md)
- [Tex. Insurance Code § 425.006 § 425.006.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.006.md)
- [Tex. Insurance Code § 425.007 § 425.007. SUBSCRIPTION TO OR UNDERWRITING PURCHASE OR SALE OF SECURITIES OR PROPERTY PROHIBITED; CONTROL OF DISPOSITION OF PROPERTY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.007.md)
- [Tex. Insurance Code § 425.008 § 425.008. AUTHORIZED INVESTMENTS FOR FOREIGN COMPANIES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.008.md)
- [Tex. Insurance Code § 425.009 § 425.009. STUDENT LOANS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.009.md)
- [Tex. Insurance Code § 425.051 § 425.051. SHORT TITLE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.051.md)
- [Tex. Insurance Code § 425.052 § 425.052. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.052.md)
- [Tex. Insurance Code § 425.053 § 425.053. ANNUAL VALUATION OF RESERVES FOR POLICIES AND CONTRACTS ISSUED BEFORE OPERATIVE DATE OF VALUATION MANUAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.053.md)
- [Tex. Insurance Code § 425.054 § 425.054. ACTUARIAL OPINION OF RESERVES ISSUED BEFORE OPERATIVE DATE OF VALUATION MANUAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.054.md)
- [Tex. Insurance Code § 425.055 § 425.055. SUPPORTING MEMORANDUM FOR ACTUARIAL OPINION.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.055.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C425_S425.004. Check the current official text before relying on it. Not legal advice.