Texas § 425.060 APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES.

Texas Statutes

§ 425.060 — APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES.

Texas § 425.060

Code INInsurance Code

This text of Texas § 425.060 (APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES.) 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. § 425.060 (2026).

Text

Sec. 425.060. APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES. The calendar year statutory valuation interest rates as defined by Sections 425.061 , 425.062 , and 425.063 are the interest rates used in determining the minimum standard for the valuation of:

(1)a life insurance policy to which Subchapter B , Chapter 1105 , applies;

(2)an individual annuity or pure endowment contract issued on or after January 1, 1982;

(3)an annuity or pure endowment purchased on or after January 1, 1982, under a group annuity or pure endowment contract; or

(4)the net increase, if any, in a calendar year after January 1, 1982, in amounts held under a guaranteed interest contract.

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Sec. 425.060. APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES. The calendar year statutory valuation interest rates as defined by Sections 425.061 , 425.062 , and 425.063 are the interest rates used in determining the minimum standard for the valuation of:
(1) a life insurance policy to which Subchapter B , Chapter 1105 , applies;
(2) an individual annuity or pure endowment contract issued on or after January 1, 1982;
(3) an annuity or pure endowment purchased on or after January 1, 1982, under a group annuity or pure endowment contract; or
(4) the net increase, if any, in a calendar year after January 1, 1982, in amounts held under a guaranteed interest contract.