If any provision of §§3.7001-3.7009 of this title (relating to Introduction; Claim Reserves; Premium Reserves; Contract Reserves; Reinsurance; Specific Standards for Morbidity, Interest, and Mortality; Glossary of Technical Terms Used; Reserves for Waiver of Premium; and Purchase or Assumption of Existing Business) or the applicability of those sections to any person or circumstance is held invalid for any reason, the invalidity shall not affect the other provisions or any other application of those sections which can be given effect without the invalid provisions or application. To this end, any and all provisions of these sections are declared to be severable.

Source Note: The provisions of this §3.7010 adopted to be effective July 6, 1992, 17 TexReg 4541.