Tex. Ins. Code Section 1152.001
Applicability of Code

(a)

Except as provided by Subsection (b), this code applies to separate accounts described by this chapter and contracts relating to those accounts.

(b)

The following sections do not apply to the separate accounts and contracts:

(1)

Sections 882.303 and 882.703 (Policy Form; Revocation of Certificate);

(2)

Subchapters H and J, Chapter 882 (Mutual Life Insurance Companies);

(3)

Sections 1101.002 (Policy Provisions Required)(b), 1101.005 (Grace Period), 1101.009 (Policy Loans), 1101.012 (Table of Installments of Proceeds), 1101.052 (Exclusion), 1101.055 (Settlement on Maturity Less than Face Value), and 1101.152-1101.156;

(4)

Chapter 1105 (Standard Nonforfeiture Law for Life Insurance); and

(5)

Section 1131.103 (Grace Period).

(c)

A separate account established under former Article 3.39 Part III, 3.72, or 3.73 is considered to be established under this chapter. A policy or other agreement issued before September 1, 1984, under one of those articles remains subject to the article, as the article existed immediately before September 1, 1984.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1152.001 — Applicability of Code, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1152.­htm#1152.­001 (accessed May 18, 2024).

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Accessed:
May 18, 2024

§ 1152.001’s source at texas​.gov