Tex. Ins. Code § 1152.202 · Subchapter E. MODIFIED GUARANTEED CONTRACTS
APPLICABILITY OF LAWS GOVERNING LIFE INSURANCE COMPANIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Unless otherwise approved by the commissioner, the laws of this state governing the investments of life insurance companies apply to an asset held in a separate account that relates to a modified guaranteed contract that provides for nonforfeiture values that may vary based on a market-value adjustment formula.
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 dbd5235031d36c2cc9930656ed49374ff2e40dae43c832411347453756907da9
- 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.