Texas § 401.059 DETERMINATION OF VALUE.

Texas Statutes

§ 401.059 — DETERMINATION OF VALUE.

Texas § 401.059

Code INInsurance Code

This text of Texas § 401.059 (DETERMINATION OF VALUE.) 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. § 401.059 (2026).

Text

Sec. 401.059. DETERMINATION OF VALUE. In determining the value or market value of an investment in or on real estate or an improvement to real estate by a carrier authorized to engage in business in this state, the department, in administering this code, may consider any factor or matter that the department considers proper and material, including:

(1)an appraisal by a real estate board or other qualified person;

(2)an affidavit by another person familiar with those values;

(3)a tax valuation;

(4)the cost of acquisition after deducting for depreciation and obsolescence;

(5)the cost of replacement;

(6)sales of other comparable property;

(7)enhancement in value from any cause;

(8)income received or to be received; and

(9)any improvements made.

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Sec. 401.059. DETERMINATION OF VALUE. In determining the value or market value of an investment in or on real estate or an improvement to real estate by a carrier authorized to engage in business in this state, the department, in administering this code, may consider any factor or matter that the department considers proper and material, including:
(1) an appraisal by a real estate board or other qualified person;
(2) an affidavit by another person familiar with those values;
(3) a tax valuation;
(4) the cost of acquisition after deducting for depreciation and obsolescence;
(5) the cost of replacement;
(6) sales of other comparable property;
(7) enhancement in value from any cause;
(8) income received or to be received; and
(9) any improvements made.