An insurer may invest any of the insurer's funds and accumulations in bonds issued, assumed, or guaranteed by:

1. (1) the Inter-American Development Bank;
2. (2) the International Bank for Reconstruction and Development (the World Bank);
3. (3) the African Development Bank;
4. (4) the Asian Development Bank;
5. (5) the International Finance Corporation; and
6. (6) the State of Israel.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.