Sec. 1161.102. AUTHORITY TO INVEST IN CERTAIN INSURANCE OR ANNUITIES. Subject to this subchapter, the guardian of the estate may invest in life, term, or endowment insurance policies, in annuity contracts, or in both, issued by an authorized life insurance company or administered by the Department of Veterans Affairs.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Structure Texas Statutes
Title 3 - Guardianship and Related Procedures
Subtitle E - Administration of Guardianship
Chapter 1161 - Investments and Loans of Estates of Wards
Subchapter C. Investments in Certain Insurance or Annuities
Section 1161.102. Authority to Invest in Certain Insurance or Annuities
Section 1161.103. Investment Requirements
Section 1161.104. Procedure for Investing in Insurance or Annuities
Section 1161.105. Continuation of Preexisting Policies or Annuities
Section 1161.106. Control and Ownership of Policies or Annuities