Tex. Insurance Code § 1151.059: SURPLUS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE C. SPECIALIZED COVERAGES
- CHAPTER 1151. INDUSTRIAL LIFE INSURANCE
- SUBCHAPTER B. REQUIRED POLICY PROVISIONS
An industrial life insurance policy that is a participating policy must provide that the insurer shall annually determine and apportion any divisible surplus accruing on the policy.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON