Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Estates Code § 1161.106: CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.

Where this section sits in the code

ESTATES CODE
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

(a) Control of an insurance policy or an annuity contract and of the incidents of ownership in the policy or contract is vested in the guardian of the estate during the ward's life and disability.

(b) A right, benefit, or interest that accrues under an insurance policy or annuity contract subject to this subchapter becomes the ward's exclusive property when the ward's disability is terminated.

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Collected 2026-08-27T01:47:08Z. Source file · JSON

Browse this collection