OWNERSHIP OF AMOUNTS IN SEPARATE ACCOUNT.

Tex. INS Code § 1152.052.
in effect
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(a) An insurance company owns an amount allocated to a separate account under this subchapter. (b) The company is not and may not represent itself as a trustee regarding an amount allocated to a separate account under this subchapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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