Tex. Ins. Code § 1152.058 · Subchapter B. SEPARATE ACCOUNTS
ASSET VALUATION IN SEPARATE ACCOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An asset allocated to a separate account is valued:
(1) at its market value on the date of valuation;
(2) as provided under a contract, rule, or other written agreement applicable to the separate account, if a readily available market does not exist;
(3) as provided by the rules otherwise applicable to the insurance company's assets for any portion of the assets that is equal to the company's reserve liability with regard to the guaranteed benefits and funds under Section 1152.055; or
(4) under any other method approved by the commissioner.
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.1152.htm
- Text hash
- sha256 8f8e04b0343fb3844f7bcc53b67e8fc4a3476e810a5d049aab1185c220d4a3e1
- 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
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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.