Tex. Ins. Code § 1107.006 · Subchapter A. GENERAL PROVISIONS
MATURITY DATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In determining the value of benefits under Sections 1107.102, 1107.103, and 1107.104, the maturity date is the latest date on which an election is permitted by the contract, but not later than the later of:
(1) the next anniversary of the annuity contract that follows the annuitant's 70th birthday; or
(2) the 10th anniversary of the contract.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 869, Sec. 1, eff. June 20, 2003.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 408 (H.B. 1919), Sec. 1, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1107.htm
- Text hash
- sha256 ff0f5a1e9867b5ee74ddcfa73adff2618d254d2e0d649a0643d65d1bcfcbd188
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code § 1107.102COMPUTATION OF PAID-UP ANNUITY BENEFIT UNDER CERTAIN CONTRACTS.Printed as Sections 1107.102, 1107.103, and 1107.104
- Tex. Ins. Code § 1107.103COMPUTATION OF CASH SURRENDER BENEFIT.Printed as Sections 1107.102, 1107.103, and 1107.104
- Tex. Ins. Code § 1107.104COMPUTATION OF DEATH BENEFIT.Printed as Sections 1107.102, 1107.103, and 1107.104
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 1107.006. Each shows the citation as that text prints it.
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.