{"data":{"id":"us-tx/tex.-insurance-code-841.418","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 841.418","heading":"SUNSET PROVISION.","body":"This subchapter is valid for business sold only until January 1 of the year in which principle-based reserve requirements become operative in Texas under the adoption of the National Association of Insurance Commissioners' 2009 amendments to the NAIC Model Standard Valuation Law. After that January 1, the limited purpose subsidiary life insurance company may not assume new risks of a ceding insurer relating to business sold after that date.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1173 (H.B. 3161), Sec. 1, eff. June 17, 2011.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES","CHAPTER 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES","SUBCHAPTER I. LIMITED PURPOSE SUBSIDIARY LIFE INSURANCE COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.841.htm#841.418","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"a43fbd55c38b32fc88187ef9108c5a4d64850431c03e3e3323a0ab2a4afb6a67","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-841.417","next":"us-tx/tex.-insurance-code-841.419"},"notice":"GroundRules: Original legal text. Not legal advice."}