2403

(1) A domestic insurer transacting only title insurance may invest up to one-fourth of its minimum required paid-in capital, and any of its surplus in such books, maps, abstracts, and other records as are requisite or convenient for transaction of its business as title insurer, and in the maintenance thereof.\n(2) Said insurer may invest the rest of its funds, after meeting its guaranty fund requirement, in such investments as are eligible as investments for other insurers under Chapter 6 of this title.\nHistory —Ins. Code § 24.030; May 10, 1976, No. 32, p. 84, § 18.