Tex. Ins. Code Section 1152.059
Separate Account Not Chargeable with Other Liabilities


To the extent provided under the applicable contracts, the portion of a separate account’s assets equal to the reserves and other contract liabilities regarding that account is not chargeable with a liability arising out of any other business of the insurance company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1152.059 — Separate Account Not Chargeable with Other Liabilities, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1152.­htm#1152.­059 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 1152.059’s source at texas​.gov