Tex. Insurance Code § 1108.102: CERTAIN ASSIGNMENTS VOID.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE A. LIFE INSURANCE IN GENERAL
- CHAPTER 1108. BENEFITS EXEMPT FROM SEIZURE
- SUBCHAPTER C. ASSIGNMENT OF BENEFITS
If an insurance policy, annuity contract, or annuity or benefit plan described by Section 1108.051 prohibits a beneficiary from assigning or commuting benefits to be provided or other rights under the policy, contract, or plan, an assignment or commutation or attempted assignment or commutation of the benefits or rights by the beneficiary is void.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON