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

Tex. Insurance Code § 1152.202: APPLICABILITY OF LAWS GOVERNING LIFE INSURANCE COMPANIES.

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 E. MODIFIED GUARANTEED CONTRACTS

Unless otherwise approved by the commissioner, the laws of this state governing the investments of life insurance companies apply to an asset held in a separate account that relates to a modified guaranteed contract that provides for nonforfeiture values that may vary based on a market-value adjustment formula.

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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