Texas § 1115.0507 INSURER OBLIGATIONS.

Texas Statutes

§ 1115.0507 — INSURER OBLIGATIONS.

Texas § 1115.0507

Code INInsurance Code

This text of Texas § 1115.0507 (INSURER OBLIGATIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 1115.0507 (2026).

Text

Sec. 1115.0507. INSURER OBLIGATIONS.

(a)Notwithstanding Section 1115.0506 , an insurer's issuance of an annuity must be reasonable under the circumstances known to the insurer at the time the annuity is issued.

(b)If there is no agent involved in an annuity transaction, the obligations described in this subchapter apply to the insurer that recommends or sells the annuity in the same way those obligations would apply to an agent.

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Sec. 1115.0507. INSURER OBLIGATIONS. (a) Notwithstanding Section 1115.0506 , an insurer's issuance of an annuity must be reasonable under the circumstances known to the insurer at the time the annuity is issued.
(b) If there is no agent involved in an annuity transaction, the obligations described in this subchapter apply to the insurer that recommends or sells the annuity in the same way those obligations would apply to an agent.