Texas § 1152.107 SEPARATE ANNUAL STATEMENT REQUIRED.

Texas Statutes

§ 1152.107 — SEPARATE ANNUAL STATEMENT REQUIRED.

Texas § 1152.107

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 1152.107 (2026).

Text

Sec. 1152.107. SEPARATE ANNUAL STATEMENT REQUIRED.

(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.

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Sec. 1152.107. SEPARATE ANNUAL STATEMENT REQUIRED. (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.