{"data":{"id":"us-tx/tex.-insurance-code-1701.006","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1701.006","heading":"EXEMPTION FOR CERTAIN GROUP ANNUITY TRANSACTIONS.","body":"(a) The filing and approval requirements in this chapter do not apply to any group annuity policy, certificate, or contract written or issued by an insurer authorized to engage in the business of insurance in this state that involves use of a separate account if benefits would also have guarantees from an insurer's general account.\n(b) For purposes of this section, a group annuity policy, certificate, or contract includes a single premium group annuity policy, certificate, or contract that is negotiated between an insurer and an applicable group or plan sponsor.\nAdded by Acts 2023, 88th Leg., R.S., Ch. 412 (H.B. 1587), Sec. 3, eff. June 9, 2023.","path":["INSURANCE CODE","TITLE 9. PROVISIONS APPLICABLE TO LIFE INSURANCE, ANNUITY CONTRACTS, AND ACCIDENT AND HEALTH COVERAGES","CHAPTER 1701. POLICY FORMS","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1701.htm#1701.006","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"3c977e217be7671f60a57d9d517f1e1a7694533335c667a4c78483cb3701689a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1701.005","next":"us-tx/tex.-insurance-code-1701.051"},"notice":"GroundRules: Original legal text. Not legal advice."}