Tex. Ins. Code § 1107.104

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1107.104 - Computation of Death Benefit

The value of a death benefit available under an annuity contract that provides a cash surrender benefit may not be less than the value of the cash surrender benefit.

Tex. Ins. Code § 1107.104

Amended by Acts 2003, 78th Leg., ch. 869, Sec. 1, eff. 6/20/2003.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.