Tex. Ins. Code § 1151.058 · Subchapter B. REQUIRED POLICY PROVISIONS
NONFORFEITURE BENEFITS AND CASH SURRENDER VALUES IN GENERAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An industrial life insurance policy must provide, in case of default in payment of premiums, nonforfeiture benefits and cash surrender values in accordance with:
(1) Sections 1151.152-1151.154; or
(2) Chapter 1105, for a policy issued on or after the date determined under Section 1105.002(a) or (b), as applicable.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1151.htm
- Text hash
- sha256 4d1a2596281b4b66277202d6b31162899b821f48e8c7c731961fbd31f9f32158
- 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 ch. 1105STANDARD NONFORFEITURE LAW FOR LIFE INSURANCEPrinted as Chapter 1105
- Tex. Ins. Code § 1105.002APPLICABILITY OF CHAPTER.Printed as Section 1105.002(a)
- Tex. Ins. Code § 1151.152PROVISIONS CONCERNING STIPULATED FORM OF INSURANCE OR SPECIFIED CASH SURRENDER VALUE IN CERTAIN POLICIES.Printed as Sections 1151.152-1151.154
- Tex. Ins. Code § 1151.154SURRENDER OF POLICY FOR SPECIFIED CASH SURRENDER VALUE.Printed as Sections 1151.152-1151.154
Cited by 3 provisions
Provisions in this library whose text cites Tex. Ins. Code § 1151.058. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 1151.062EXCEPTION FOR POLICIES ISSUED OR GRANTED UNDER CERTAIN NONFORFEITURE PROVISIONS.Printed as Section 1151.058
- Tex. Ins. Code § 1151.152PROVISIONS CONCERNING STIPULATED FORM OF INSURANCE OR SPECIFIED CASH SURRENDER VALUE IN CERTAIN POLICIES.Printed as Section 1151.058(2)
- Tex. Ins. Code § 1151.154SURRENDER OF POLICY FOR SPECIFIED CASH SURRENDER VALUE.Printed as Section 1151.058(2)
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.