Texas § 1152.102 AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS.

Texas Statutes

§ 1152.102 — AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS.

Texas § 1152.102

Code INInsurance Code

This text of Texas § 1152.102 (AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS.) 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. § 1152.102 (2026).

Text

Sec. 1152.102. AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS.

(a)An insurance company may not deliver or issue for delivery a variable contract in this state unless authorized by the commissioner under this section.

(b)If the commissioner finds, after notice and hearing, that the company is qualified to issue, deliver, and use a variable contract under this chapter and rules adopted under Section 1152.002 , the commissioner shall issue an order relating to the company's authority to issue, deliver, and use a variable contract in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1152.102. AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS. (a) An insurance company may not deliver or issue for delivery a variable contract in this state unless authorized by the commissioner under this section.
(b) If the commissioner finds, after notice and hearing, that the company is qualified to issue, deliver, and use a variable contract under this chapter and rules adopted under Section 1152.002 , the commissioner shall issue an order relating to the company's authority to issue, deliver, and use a variable contract in this state.