After leaving Isla Santuario and starting the bulk of the game, I bought and equipped the composite bow and kitted it with a new color and a sight on the workbench. For that same session I equipped the bow everything worked fine, but after quitting the game and relaunching it the next day, the game crashes every time I pull the bow out of the "holster". No other weapon that I currently have seems to cause the same issue.
Here are some Reddit threads reporting the same issue:
I have downloaded the HD texture pack, but have it turned off from the video settings menu because it did not work properly, possibly because of not enough VRAM on my GPU (RTX3070). I run the game fullscreen in 5120x1440. I have downloaded and installed the latest Nvidia GPU drivers.
I tried the immediate workarounds presented in the Reddit threads above, but none of them worked for me. When I equip the bow and pull it out, the game still invariably crashes. I have not tried playing without the bow for an extended amount of time and then swapping back to it later yet. I would prefer to be able to use the bow without the fear of game crashes.
Edit: Tried a few more things; swapping out the bow on the workbench, pulling out the new slot 1 weapon, and then swapping back to the bow worked for that session. However, when I quit out of the game, relaunched it and pulled the bow out, it crashed again. Also forgot to mention above that I also do have the quickholster mod for the bow, if that makes any difference.