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Texas Statutes

§ 1152.106 — RESERVE LIABILITY FOR VARIABLE CONTRACT.

Texas § 1152.106
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Code INInsurance Code

This text of Texas § 1152.106 (RESERVE LIABILITY FOR VARIABLE CONTRACT.) 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. § 1152.106 (2026).

Text

Sec. 1152.106. RESERVE LIABILITY FOR VARIABLE CONTRACT. The reserve liability for a variable contract must be established under actuarial procedures that recognize:

(1)the variable nature of the benefits provided; and
(2)any mortality guarantees.

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Legislative History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Nearby Sections

15
§ 1152.001
APPLICABILITY OF CODE.
§ 1152.002
RULES.
§ 1152.051
ESTABLISHMENT OF SEPARATE ACCOUNTS.
§ 1152.052
OWNERSHIP OF AMOUNTS IN SEPARATE ACCOUNT.
§ 1152.053
TRANSFER OF ASSETS BETWEEN SEPARATE ACCOUNTS.
§ 1152.054
COMPLIANCE WITH FEDERAL OR STATE LAW FOR SEPARATE ACCOUNT.
§ 1152.055
GUARANTEED BENEFITS AND MONEY RESTRICTION FOR SEPARATE ACCOUNTS.
§ 1152.056
INVESTMENT LIMITS NOT APPLICABLE TO SEPARATE ACCOUNT.
§ 1152.057
ALLOCATION OF INCOME, GAINS, OR LOSSES ON SEPARATE ACCOUNT.
§ 1152.058
ASSET VALUATION IN SEPARATE ACCOUNT.
§ 1152.059
SEPARATE ACCOUNT NOT CHARGEABLE WITH OTHER LIABILITIES.
§ 1152.101
SOLE AUTHORITY TO REGULATE VARIABLE CONTRACTS.
§ 1152.102
AUTHORIZATION REQUIRED FOR VARIABLE CONTRACTS.
§ 1152.103
CONSIDERATION OF COMPANY'S CONDITION OR METHOD OF OPERATION.
§ 1152.104
AUTHORIZATION FOR SUBSIDIARY OR AFFILIATE OF AUTHORIZED LIFE INSURANCE COMPANY.
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Bluebook (online)
Texas § 1152.106, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1152.106.