Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter R - LIFE SETTLEMENT
Division 1 - GENERAL PROVISIONS
Section 3.1702 - Applicability and Scope

(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.