Texas Insurance Code
§ 882.455 — TABLE OF GUARANTEED VALUES
IN § 882.455Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 882. MUTUAL LIFE INSURANCE COMPANIES · Art. J. POLICY REQUIREMENTS
Statute text
View on source(a)Each insurance policy issued by a mutual life insurance company must contain a table of guaranteed values. The guaranteed values become nonforfeitable not later than the date of payment of the third full annual premium.
(b)The table of guaranteed values shall be drawn in accordance with the law governing life, health, and accident insurance companies.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.