Sec. 424.115. REPORTS OF TRANSACTIONS BETWEEN POOL AND PARTICIPANT. (a) A transaction between an investment pool and a pool participant is not subject to Subchapter C , Chapter 823 , except that before entering into a pool, an insurer subject to Chapter 823 shall give the commissioner the written notice required under Section 823.103 . (b) The investment pool's investment activities and the transactions between the pool and a pool participant must be reported in the registration statement required by Subchapter B , Chapter 823 .
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