Tex. Ins. Code § 1152.106 · Subchapter C. VARIABLE CONTRACTS

RESERVE LIABILITY FOR VARIABLE CONTRACT.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The reserve liability for a variable contract must be established under actuarial procedures that recognize:

(1) the variable nature of the benefits provided; and

(2) any mortality guarantees.

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 18c598fe8f6f59ac91c9d14c2ab40558a1864b401a2b3000a059c84359b8c85f
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.