Texas § 1161.106 CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.

Texas Statutes

§ 1161.106 — CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.

Texas § 1161.106

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Bluebook

Tex. Estates Code Code Ann. § 1161.106 (2026).

Text

Sec. 1161.106. CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.

(a)Control of an insurance policy or an annuity contract and of the incidents of ownership in the policy or contract is vested in the guardian of the estate during the ward's life and disability.

(b)A right, benefit, or interest that accrues under an insurance policy or annuity contract subject to this subchapter becomes the ward's exclusive property when the ward's disability is terminated. SUBCHAPTER D. INVESTMENTS IN REAL ESTATE

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Sec. 1161.106. CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES. (a) Control of an insurance policy or an annuity contract and of the incidents of ownership in the policy or contract is vested in the guardian of the estate during the ward's life and disability.
(b) A right, benefit, or interest that accrues under an insurance policy or annuity contract subject to this subchapter becomes the ward's exclusive property when the ward's disability is terminated.
SUBCHAPTER D. INVESTMENTS IN REAL ESTATE