Tex. Ins. Code § 1152.056 · Subchapter B. SEPARATE ACCOUNTS
INVESTMENT LIMITS NOT APPLICABLE TO SEPARATE ACCOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as provided by Section 1152.055:
(1) an amount allocated to a separate account, including an accumulation on that amount, may be invested without regard to a law of this state governing a life insurance company investment; and
(2) an investment in a separate account may not be considered in applying an investment limit otherwise applicable to the insurance company.
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 4992505332cd15cf87d02fe49c8f77c9d7eced37d2946cfd3bceb412d6491264
- 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
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