Tex. Ins. Code § 1152.052 · Subchapter B. SEPARATE ACCOUNTS
OWNERSHIP OF AMOUNTS IN SEPARATE ACCOUNT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurance company owns an amount allocated to a separate account under this subchapter.
(b) The company is not and may not represent itself as a trustee regarding an amount allocated to a separate account under this subchapter.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1152.htm
- Text hash
- sha256 fb6021fe17c55ef15cba521dbc8b949d246d679a97967e501cf1fa69b9600de8
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.