Tex. Insurance Code § 1152.059: SEPARATE ACCOUNT NOT CHARGEABLE WITH OTHER LIABILITIES.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE C. SPECIALIZED COVERAGES
- CHAPTER 1152. SEPARATE ACCOUNTS, VARIABLE CONTRACTS, AND RELATED PRODUCTS
- 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