Tex. Ins. Code § 425.060 · Subchapter B. STANDARD VALUATION LAW
APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The calendar year statutory valuation interest rates as defined by Sections 425.061, 425.062, and 425.063 are the interest rates used in determining the minimum standard for the valuation of:
(1) a life insurance policy to which Subchapter B, Chapter 1105, applies;
(2) an individual annuity or pure endowment contract issued on or after January 1, 1982;
(3) an annuity or pure endowment purchased on or after January 1, 1982, under a group annuity or pure endowment contract; or
(4) the net increase, if any, in a calendar year after January 1, 1982, in amounts held under a guaranteed interest contract.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.425.htm
- Text hash
- sha256 5d4a042c9fa9418dedc24246b081ca41f20f03a417479f6f58290f9dc864bb16
- 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 § 425.061COMPUTATION OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATE: GENERAL RULE.Printed as Sections 425.061, 425.062, and 425.063
- Tex. Ins. Code § 425.062WEIGHTING FACTORS.Printed as Sections 425.061, 425.062, and 425.063
- Tex. Ins. Code § 425.063REFERENCE INTEREST RATE.Printed as Sections 425.061, 425.062, and 425.063
- Tex. Ins. Code ch. 1105, subch. BCOMPUTATION OF ADJUSTED PREMIUMS USING NONFORFEITURE NET LEVEL PREMIUM METHODPrinted as Subchapter B, Chapter 1105
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Provisions in this library whose text cites Tex. Ins. Code § 425.060. Each shows the citation as that text prints it.
Insurance Code
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