Tex.
Ins. Code Section 1107.002
Exemptions
(a)
This chapter does not apply to:(1)
a reinsurance contract;(2)
a group annuity contract that is purchased under a retirement plan or plan of deferred compensation established or maintained by an employer, including a partnership or sole proprietorship, by an employee organization, or by both, other than a plan that provides individual retirement accounts or individual retirement annuities under Section 408, Internal Revenue Code of 1986, as amended;(3)
a premium deposit fund;(4)
a variable annuity contract;(5)
an investment annuity contract;(6)
an immediate annuity contract;(7)
a deferred annuity contract under which annuity payments have begun;(8)
a reversionary annuity contract; or(9)
a contingent deferred annuity contract as defined by Section 1116.003 (Rulemaking Authority for Contingent Deferred Annuity Contracts).(b)
This chapter does not apply to a contract delivered outside this state through an agent or other representative of the company that issues the contract.
Source:
Section 1107.002 — Exemptions, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1107.htm#1107.002 (accessed May 25, 2024).
