Tex. Insurance Code § 1107.002
This is the official text of Tex. Insurance Code § 1107.002, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1107.002. EXEMPTIONS.
Official statutory text
(a) This chapter does not apply to:
(1) a reinsurance contract;
(2) a group annuity contract that is purchased under a retirement plan or plan of deferred compensation established or maintained by an employer, including a partnership or sole proprietorship, by an employee organization, or by both, other than a plan that provides individual retirement accounts or individual retirement annuities under Section 408, Internal Revenue Code of 1986, as amended;
(3) a premium deposit fund;
(4) a variable annuity contract;
(5) an investment annuity contract;
(6) an immediate annuity contract;
(7) a deferred annuity contract under which annuity payments have begun;
(8) a reversionary annuity contract; or
(9) a contingent deferred annuity contract as defined by Section 1116.003.
(b) This chapter does not apply to a contract delivered outside this state through an agent or other representative of the company that issues the contract.
(1) a reinsurance contract;
(2) a group annuity contract that is purchased under a retirement plan or plan of deferred compensation established or maintained by an employer, including a partnership or sole proprietorship, by an employee organization, or by both, other than a plan that provides individual retirement accounts or individual retirement annuities under Section 408, Internal Revenue Code of 1986, as amended;
(3) a premium deposit fund;
(4) a variable annuity contract;
(5) an investment annuity contract;
(6) an immediate annuity contract;
(7) a deferred annuity contract under which annuity payments have begun;
(8) a reversionary annuity contract; or
(9) a contingent deferred annuity contract as defined by Section 1116.003.
(b) This chapter does not apply to a contract delivered outside this state through an agent or other representative of the company that issues the contract.
Status: in_force · Read it on the official government site
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