Tex. Ins. Code Section 1152.052
Ownership of Amounts in Separate Account


(a)

An insurance company owns an amount allocated to a separate account under this subchapter.

(b)

The company is not and may not represent itself as a trustee regarding an amount allocated to a separate account under this subchapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1152.052 — Ownership of Amounts in Separate Account, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1152.­htm#1152.­052 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 1152.052’s source at texas​.gov