Public-domain · open source
OpenJurist

Tex. Ins. Code § 1152.059

SEPARATE ACCOUNT NOT CHARGEABLE WITH OTHER LIABILITIES

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.