Tex. Ins. Code § 1152.059 · Subchapter B. SEPARATE ACCOUNTS
SEPARATE ACCOUNT NOT CHARGEABLE WITH OTHER LIABILITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
To the extent provided under the applicable contracts, the portion of a separate account's assets equal to the reserves and other contract liabilities regarding that account is not chargeable with a liability arising out of any other business of 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 e09b38392dae388ce4c33f720cf3c15472b1fc41fd91b5d6d9cb7afe404e7118
- 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.