Tex. Ins. Code Section 1152.106
Reserve Liability for Variable Contract


The reserve liability for a variable contract must be established under actuarial procedures that recognize:

(1)

the variable nature of the benefits provided; and

(2)

any mortality guarantees.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1152.106 — Reserve Liability for Variable Contract, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1152.­htm#1152.­106 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1152.106’s source at texas​.gov