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Texas Insurance Code

§ 422.005 — EXEMPTIONS

IN § 422.005Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 422. ASSET PROTECTION ACT · Art. A. GENERAL PROVISIONS

Statute text

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(a)This chapter does not apply to:
(1)variable contracts for which separate accounts are required to be maintained;
(2)a reinsurance agreement and any trust account related to the reinsurance agreement if the reinsurance agreement and related trust account meet the requirements of Chapter 493;
(3)an assessment-as-needed company or insurance coverage written by an assessment-as-needed company;
(4)an insurer while:
(A)the insurer is subject to a conservatorship order issued by the commissioner; or

Legislative history

Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 3.02, eff. September 1, 2017. Acts 2021, 87th Leg., R.S., Ch. 61 (S.B. 1954), Sec. 3, eff. September 1, 2021.