# Tex. Insurance Code § 1115.003: APPLICABILITY; EXEMPTIONS

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.003

## Section

- **Citation:** Tex. Insurance Code § 1115.003
- **Heading:** APPLICABILITY; EXEMPTIONS
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code in / Chapter 1115 / Section 1115.003

## Text

(a) This chapter applies to any sale of an annuity.

(b) Unless otherwise specifically included, this chapter does not apply to transactions involving:

(1) direct response solicitations if there is no recommendation based on information collected from the consumer under this chapter;

(2) contracts used to fund:

(A) an employee pension benefit plan or employee welfare benefit plan covered by the Employee Retirement Income Security Act of 1974 (29 U.S.C. Section 1001 et seq.);

(B) a plan described by Section 401(a), 401(k), 403(b), 408(k), or 408(p), Internal Revenue Code of 1986, if established or maintained by an employer;

(C) a government or church plan, as defined by Section 414, Internal Revenue Code of 1986, a government or church welfare benefit plan, or a deferred compensation plan of a state or local government or tax exempt organization described under Section 457, Internal Revenue Code of 1986; or

(D) a nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor;

(3) settlements of or assumptions of liabilities associated with personal injury litigation or any dispute or claim resolution process; or

(4) prepaid funeral benefits contracts, as defined by Chapter 154, Finance Code.

## Nearby sections

- [Tex. Insurance Code § 1115.001 § 1115.001. PURPOSE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.001.md)
- [Tex. Insurance Code § 1115.002 § 1115.002. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.002.md)
- [Tex. Insurance Code § 1115.003 § 1115.003. APPLICABILITY; EXEMPTIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.003.md)
- [Tex. Insurance Code § 1115.004 § 1115.004. NO CAUSE OF ACTION CREATED.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.004.md)
- [Tex. Insurance Code § 1115.005 § 1115.005. RULES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.005.md)
- [Tex. Insurance Code § 1115.051 § 1115.051. BEST-INTEREST OBLIGATION.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.051.md)
- [Tex. Insurance Code § 1115.052 § 1115.052. SUPERVISION SYSTEM.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.052.md)
- [Tex. Insurance Code § 1115.053 § 1115.053. CERTIFICATION REQUIREMENTS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.053.md)
- [Tex. Insurance Code § 1115.054 § 1115.054. SAFE HARBOR.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.054.md)
- [Tex. Insurance Code § 1115.055 § 1115.055. RECORDKEEPING REQUIREMENTS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.055.md)
- [Tex. Insurance Code § 1115.056 § 1115.056. AGENT TRAINING REQUIREMENTS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.056.md)
- [Tex. Insurance Code § 1115.101 § 1115.101. MITIGATION.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.101.md)
- [Tex. Insurance Code § 1115.102 § 1115.102. SANCTIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.102.md)
- [Tex. Insurance Code § 1115.0505 § 1115.0505. AGENTS EXERCISING MATERIAL CONTROL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.0505.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.003. Check the current official text before relying on it. Not legal advice.