Texas Statutes
§ 1107.105 — COMPUTATION OF BENEFITS AVAILABLE AT THE TIME OTHER THAN CONTRACT ANNIVERSARY.
Texas § 1107.105
JurisdictionTexas
Code INInsurance Code
This text of Texas § 1107.105 (COMPUTATION OF BENEFITS AVAILABLE AT THE TIME OTHER THAN CONTRACT ANNIVERSARY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Insurance Code Code Ann. § 1107.105 (2026).
Text
Sec. 1107.105. COMPUTATION OF BENEFITS AVAILABLE AT THE TIME OTHER THAN CONTRACT ANNIVERSARY. For an annuity contract that requires payment of fixed, scheduled considerations, the value of a paid-up annuity, cash surrender, or death benefit that is available under the contract on a date other than an anniversary of the contract date shall be computed to allow for the lapse of time and any scheduled considerations paid after the beginning of the contract year in which payment of considerations under the contract ceased.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 869, Sec. 1, eff. June 20, 2003.
Nearby Sections
15
§ 1107.001
APPLICABILITY OF CHAPTER.§ 1107.002
EXEMPTIONS.§ 1107.003
REQUIRED NONFORFEITURE PROVISIONS.§ 1107.004
OPTIONAL TERMINATION PROVISION.§ 1107.006
MATURITY DATE.§ 1107.051
MINIMUM NONFORFEITURE AMOUNT.§ 1107.052
CONTRACT WITH FLEXIBLE CONSIDERATIONS.§ 1107.054
CONTRACT WITH SINGLE CONSIDERATION.§ 1107.055
INTEREST RATE.§ 1107.056
ADDITIONAL INTEREST RATE ADJUSTMENTS.§ 1107.057
MINIMUM NONFORFEITURE AMOUNT.§ 1107.101
PRESENT VALUE OF NONFORFEITURE BENEFITS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1107.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1107.105.