GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 1152.052: OWNERSHIP OF AMOUNTS IN SEPARATE ACCOUNT.

Read at publisher ↗
Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 7. LIFE INSURANCE AND ANNUITIES
  3. SUBTITLE C. SPECIALIZED COVERAGES
  4. CHAPTER 1152. SEPARATE ACCOUNTS, VARIABLE CONTRACTS, AND RELATED PRODUCTS
  5. SUBCHAPTER B. SEPARATE ACCOUNTS

(a) An insurance company owns an amount allocated to a separate account under this subchapter.

(b) The company is not and may not represent itself as a trustee regarding an amount allocated to a separate account under this subchapter.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Collected 2026-08-27T01:47:21Z. Source file · JSON

Browse this collection