Sole Authority To Regulate Variable Contracts

Tex. Insurance Code § 1152.101, under Separate Accounts, Variable Contracts, and Related Products.

Tex. Insurance Code § 1152.101

Sec. 1152.101. SOLE AUTHORITY TO REGULATE VARIABLE CONTRACTS. The commissioner has sole authority to regulate the issuance and sale of a variable contract under: (1) this chapter; and (2) rules adopted under Section 1152.002. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.