Tex. Ins. Code § 1152.201 · Subchapter E. MODIFIED GUARANTEED CONTRACTS

DEFINITION.

Verbatim from the official edition

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

In this subchapter, "modified guaranteed contract" means an individual life insurance policy or deferred annuity contract as to which:

(1) the underlying assets are held in a separate account; and

(2) the values are guaranteed if the policy or contract is held for a specified period.

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 4920ab7b4f6deaf8553bab61be76bc3878168d9f04806fbbc84022d85ed3062b
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.