Tex. Est. Code § 1161.106 · Subchapter C. INVESTMENTS IN CERTAIN INSURANCE OR ANNUITIES
CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Control of an insurance policy or an annuity contract and of the incidents of ownership in the policy or contract is vested in the guardian of the estate during the ward's life and disability.
(b) A right, benefit, or interest that accrues under an insurance policy or annuity contract subject to this subchapter becomes the ward's exclusive property when the ward's disability is terminated.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1161.htm
- Text hash
- sha256 57fbd06bd28692a148fb024f7e03cdbfc4ac6fd902d999778f617dab6ae2d823
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.