Tex. Ins. Code Section 1152.201
Definition


In this subchapter, “modified guaranteed contract” means an individual life insurance policy or deferred annuity contract as to which:

(1)

the underlying assets are held in a separate account; and

(2)

the values are guaranteed if the policy or contract is held for a specified period.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1152.201 — Definition, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1152.­htm#1152.­201 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1152.201’s source at texas​.gov