Untitled Texas Attorney General Opinion

EA ORNEY GENERAL OF XAS +lSTlN 11. TEXAS BVILL WILSON *z-rORNEYGENERAr. May. 18, 1962 The Hon. William A. Harrison Opinion No. WW-1331 Commissioner of Insurance International Life Building Re: Whether Certificates of Austin 14, Texas Deposit in Banks are “Lawful Money of the United States. ” Dear Commissioner Harrison: In your recent letter you request an opinion of this office whether time certificates of deposit are “lawful money ,of the United States I’ within the contemplation of those provisions of the Texas ,Insurance Code which require that various funds of insurance companies be…