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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 1152.059: SEPARATE ACCOUNT NOT CHARGEABLE WITH OTHER LIABILITIES.

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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

To the extent provided under the applicable contracts, the portion of a separate account's assets equal to the reserves and other contract liabilities regarding that account is not chargeable with a liability arising out of any other business of the insurance company.

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

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

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