Tex. Ins. Code § 425.072 · Subchapter B. STANDARD VALUATION LAW
MINIMUM STANDARD FOR ACCIDENT AND HEALTH INSURANCE CONTRACTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The standard prescribed by the valuation manual for accident and health insurance contracts issued on or after the operative date of the valuation manual is the minimum standard of valuation required under Section 425.0535.
(b) For disability, accident and sickness, and accident and health insurance contracts issued before the operative date of the valuation manual, the minimum standard of valuation is the standard in existence before the operative date of the valuation manual in addition to any requirements established by the commissioner and adopted by rule.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 313 (S.B. 1654), Sec. 15, eff. September 1, 2015.
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 16d6e32a7f12f1fb567f76d2bc0121046b8739afeba6a8085833fe90be19295c
- 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.
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 425.072. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 425.053ANNUAL VALUATION OF RESERVES FOR POLICIES AND CONTRACTS ISSUED BEFORE OPERATIVE DATE OF VALUATION MANUAL.Printed as Section 425.072(b) | Sections 425.072(a), 425.073, and 425.074
- Tex. Ins. Code § 425.0535ANNUAL VALUATION OF RESERVES FOR POLICIES AND CONTRACTS ISSUED ON OR AFTER OPERATIVE DATE OF VALUATION MANUAL.Printed as Sections 425.072(a), 425.073, and 425.074
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.