Sec. 1114.056. REGISTERED CONTRACTS. A registered contract is exempt from the requirements of Sections 1114.053(c) and 1114.054(c) with respect to the provision of illustrations or policy summaries, but must provide instead premium or contract contribution amounts and identification of the appropriate prospectus or offering circular.
Added by Acts 2007, 80th Leg., R.S., Ch. 904 (H.B. 2762), Sec. 1, eff. September 1, 2007.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle A - Life Insurance in General
Chapter 1114 - Replacement of Certain Life Insurance Policies and Annuities
Subchapter B. Duties of Insurers and Agents
Section 1114.051. Duties of Agent; Notice
Section 1114.052. Duties of Insurers That Use Agents
Section 1114.053. Duties of Replacing Insurers That Use Agents
Section 1114.054. Duties of Existing Insurer
Section 1114.055. Duties of Insurers Regarding Direct Response Solicitations
Section 1114.056. Registered Contracts
Section 1114.057. Disclosure of Availability of Waiver of Surrender Charges