{"data":{"id":"us-tx/tex.-insurance-code-1154.002","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1154.002","heading":"PURPOSE; LEGISLATIVE INTENT; CONSTRUCTION.","body":"(a) The purpose of this chapter is to:\n(1) promote the public welfare by regulating funding agreements, guaranteed investment contracts, and synthetic guaranteed investment contracts; and\n(2) clarify and codify the existing law pertaining to funding agreements, guaranteed investment contracts, and synthetic guaranteed investment contracts.\n(b) This chapter shall be liberally construed.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 1187 (S.B. 1196), Sec. 2, eff. September 1, 2015.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE C. SPECIALIZED COVERAGES","CHAPTER 1154. FUNDING AGREEMENTS, GUARANTEED INVESTMENT CONTRACTS, AND SYNTHETIC GUARANTEED INVESTMENT CONTRACTS","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1154.htm#1154.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"d8d85886727b620ab42cfb17e15ed78d55b3cdaacbb3b4bc1cb89178909bf178","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1154.001","next":"us-tx/tex.-insurance-code-1154.003"},"notice":"GroundRules: Original legal text. Not legal advice."}