Sec. 1152.101. SOLE AUTHORITY TO REGULATE VARIABLE CONTRACTS. The commissioner has sole authority to regulate the issuance and sale of a variable contract under:
(1) this chapter; and
(2) rules adopted under Section 1152.002.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle C - Specialized Coverages
Chapter 1152 - Separate Accounts, Variable Contracts, and Related Products
Subchapter C. Variable Contracts
Section 1152.101. Sole Authority to Regulate Variable Contracts
Section 1152.102. Authorization Required for Variable Contracts
Section 1152.103. Consideration of Company's Condition or Method of Operation
Section 1152.104. Authorization for Subsidiary or Affiliate of Authorized Life Insurance Company
Section 1152.105. Waiver of Hearing Requirement
Section 1152.106. Reserve Liability for Variable Contract
Section 1152.107. Separate Annual Statement Required
Section 1152.108. Grace, Reinstatement, and Nonforfeiture Provisions Required