Tex. Ins. Code Section 1107.005
Contact Disclosure that Certain Benefits Not Provided


An annuity contract that does not provide a cash surrender benefit or that does not provide a death benefit that is at least equal to the minimum nonforfeiture amount for the contract under Subchapter B before annuity payments begin must include a statement in a prominent place in the contract that those benefits are not provided.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 869, Sec. 1, eff. June 20, 2003.

Source: Section 1107.005 — Contact Disclosure that Certain Benefits Not Provided, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1107.­htm#1107.­005 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 1107.005’s source at texas​.gov