Texas Statutes
§ 424.213 — LIMITATION ON SALE OF CALL OPTION ON ASSETS.
Texas § 424.213
JurisdictionTexas
Code INInsurance Code
This text of Texas § 424.213 (LIMITATION ON SALE OF CALL OPTION ON ASSETS.) 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. § 424.213 (2026).
Text
Sec. 424.213. LIMITATION ON SALE OF CALL OPTION ON ASSETS. If an income generation transaction is a sale of a call option on assets, the insurer must, during the entire period the option is outstanding, hold, or have a currently exercisable right to acquire, the underlying assets.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
Nearby Sections
15
§ 424.001
DEFINITIONS.§ 424.002
INAPPLICABILITY OF CERTAIN LAW.§ 424.056
WRITTEN INVESTMENT PLAN.§ 424.057
INVESTMENT RECORDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 424.213, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/424.213.