{"data":{"id":"us-tx/tex.-insurance-code-1111a.015","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1111A.015","heading":"AUTHORITY TO ADOPT RULES.","body":"(a) The commissioner may adopt rules implementing this chapter and regulating the activities and relationships of providers, brokers, insurers, and their authorized representatives.\n(b) The commissioner may not adopt a rule establishing a price or fee for the sale or purchase of a life settlement contract. This subsection does not prohibit the commissioner from adopting a rule relating to an unjust price or fee for the sale or purchase of a life settlement contract.\n(c) The commissioner may not adopt a rule that regulates the actions of an investor providing money to a life or viatical settlement company.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 3, eff. September 1, 2011.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE A. LIFE INSURANCE IN GENERAL","CHAPTER 1111A. LIFE SETTLEMENT CONTRACTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1111A.htm#1111A.015","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"97ae4515755d63cb76d48058db10c35894eec0f24783cb9c1dc24f87fbdcd50b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1111a.014","next":"us-tx/tex.-insurance-code-1111a.016"},"notice":"GroundRules: Original legal text. Not legal advice."}