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Texas Insurance Code - INS § 1152.059. Separate Account Not Chargeable With Other Liabilities

Current as of January 01, 2024 | Updated by FindLaw Staff

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.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1152.059. Separate Account Not Chargeable With Other Liabilities - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1152-059/

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