Texas Estates Code

§ 1161.102 — AUTHORITY TO INVEST IN CERTAIN INSURANCE OR ANNUITIES

ES § 1161.102Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part E. ADMINISTRATION OF GUARDIANSHIP · Ch. 1161. INVESTMENTS AND LOANS OF ESTATES OF WARDS · Art. C. INVESTMENTS IN CERTAIN INSURANCE OR ANNUITIES

Statute text

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Subject to this subchapter, the guardian of the estate may invest in life, term, or endowment insurance policies, in annuity contracts, or in both, issued by an authorized life insurance company or administered by the Department of Veterans Affairs.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.