Sec. 1105.002. APPLICABILITY OF CHAPTER. (a) This chapter applies to a policy issued by a company on or after January 1, 1974.
(b) This chapter also applies to a policy issued by a company after a date specified in a written notice:
(1) that was filed by the company with the State Board of Insurance after August 23, 1963, but before January 1, 1974; and
(2) under which the company filing the notice elected to comply before January 1, 1974, with the law codified by this chapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle A - Life Insurance in General
Chapter 1105 - Standard Nonforfeiture Law for Life Insurance
Subchapter A. General Provisions
Section 1105.002. Applicability of Chapter
Section 1105.004. Required Nonforfeiture Provisions
Section 1105.006. Determination of Rated Age
Section 1105.007. Computation of Cash Surrender Value Following Default
Section 1105.008. Computation of Cash Surrender Value on Surrender Following Policy Anniversary
Section 1105.009. Computation of Paid-Up Nonforfeiture Benefits
Section 1105.010. Proration of Values; Net Value of Paid-Up Additions