# Tex. Insurance Code § 1115.051: BEST-INTEREST OBLIGATION

> Texas · Statutes · Repealed

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.051

## Section

- **Citation:** Tex. Insurance Code § 1115.051
- **Heading:** BEST-INTEREST OBLIGATION
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** Repealed
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code in / Chapter 1115 / Section 1115.051

## Text

(a) When making a recommendation of an annuity, an agent shall act in the best interest of the consumer under the circumstances known to the agent at the time the recommendation is made, without placing the agent's or the insurer's financial interest ahead of the consumer's interest.

(b) An agent is presumed to act in the best interest of the consumer if the agent satisfies the care, disclosure, conflict of interest, and documentation obligations described by this subchapter.

(c) Repealed by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 18(2), eff. September 1, 2021.

(d) Repealed by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 18(2), eff. September 1, 2021.

(e) Repealed by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 18(2), eff. September 1, 2021.

(f) Repealed by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 18(2), eff. September 1, 2021.

## 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)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cin_C1115_S1115.051. Check the current official text before relying on it. Not legal advice.