Texas § IN.1152.102 - AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS
Full text of Texas The Texas Constitution § IN.1152.102 — AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS, with citation guidance and answers to common questions.
§ IN.1152.102. AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS
AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS. (a) An insurance company may not deliver or issue for delivery a variable contract in this state unless authorized by the commissioner under this section. (b) If the commissioner finds, after notice and hearing, that the company is qualified to issue, deliver, and use a variable contract under this chapter and rules adopted under Section 1152.002 , the commissioner shall issue an order relating to the company's authority to issue, deliver, and use a variable contract in this state. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.1152.102
What does The Texas Constitution § IN.1152.102 cover?
Section IN.1152.102 ("AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1152.102?
A common citation format is "The Texas Constitution § IN.1152.102" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1152.102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.