Texas Insurance Code
§ 1108.102 — CERTAIN ASSIGNMENTS VOID
IN § 1108.102Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1108. BENEFITS EXEMPT FROM SEIZURE · Art. C. ASSIGNMENT OF BENEFITS
Statute text
View on sourceIf an insurance policy, annuity contract, or annuity or benefit plan described by Section 1108.051 prohibits a beneficiary from assigning or commuting benefits to be provided or other rights under the policy, contract, or plan, an assignment or commutation or attempted assignment or commutation of the benefits or rights by the beneficiary is void.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.