Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 28. INSURANCE |
PART 1. TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 4. LIFE AND ANNUITY |
SUBCHAPTER O. VARIABLE LIFE INSURANCE |
SECTION 4.1511. Savings Clause
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Each cause of action, pending litigation, or matter in process before the Texas Department of Insurance or commissioner of insurance will be determined in accordance with and governed by the applicable statutes, rules, orders, or interpretations of the Texas Department of Insurance in effect at the time of the occurrence of the subject event; and this section operates to save the application of such past procedure and law to any such event from amendment, change, or repeal, notwithstanding any provision of this subchapter or any conflict or ambiguity therein.
Source Note: The provisions of this §4.1511 adopted to be effective June 5, 1985, 10 TexReg 1676; amended to be effective May 11, 2022, 47 TexReg 2758; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127