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TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 3LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
SUBCHAPTER RLIFE SETTLEMENT
DIVISION 1GENERAL PROVISIONS
RULE §3.1702Applicability and Scope

This subchapter:

  (1) applies to all persons involved in the business of life settlements in this state as specified in Insurance Code Chapter 1111A;

  (2) does not regulate the actions of an investor providing money to a life settlement provider, and does not preempt, supersede, or limit any provision of any state securities law or any rule, order, or notice issued under the law; and

  (3) becomes effective August 1, 2013.

Source Note: The provisions of this §3.1702 adopted to be effective August 1, 2013, 38 TexReg 4357

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