(a) An insurance company authorized under this subchapter to issue, deliver, or use a variable annuity contract or variable life contract shall file with the department a separate annual statement of its separate variable contract accounts.
(b) The company shall file the statement:
(1) on a form prescribed or approved by the department; and
(2) simultaneously with the annual statement required by Sections 841.255 and 882.003.
(c) The statement must:
(1) include details as to all income, disbursements, assets, and liability items associated with the separate variable contract accounts; and
(2) be under oath of two company officers.