Texas Insurance Code
§ 425.061 — COMPUTATION OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATE: GENERAL RULE
IN § 425.061Title 4. REGULATION OF SOLVENCY · Part B. RESERVES AND INVESTMENTS · Ch. 425. RESERVES AND INVESTMENTS FOR LIFE INSURANCE · Art. B. STANDARD VALUATION LAW
Statute text
View on source(a)For purposes of Subsection (b):
(1)R1 is the lesser of R or.09;
(2)R2 is the greater of R or.09;
(3)R is the reference interest rate determined under Section 425.063; and
(4)W is the weighting factor determined under Section 425.062.
(b)The calendar year statutory valuation interest rate ("I") is determined as provided by this section, with the results rounded to the nearest one-quarter of one percent:
…
Legislative history
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.