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HB 447, 41st R.S.
Relating to amending certain articles designating the securities in which the funds of life insurance companies may be invested; providing that if a domestic life insurance company reinsures the business and takes over the assets of a foreign life insurance company, the investments of such company so taken over and reinsurance shall be considered as valid securities of the domestic company so taking it over; defining "Texas Securities."

Author: George Clark Purl

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