{"data":{"id":"us-tx/tex.-estates-code-1161.106","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1161.106","heading":"CONTROL AND OWNERSHIP OF POLICIES OR ANNUITIES.","body":"(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.\n(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.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1161.htm#1161.106","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"e956fe82c7cc3488579ef5ce2c96e93f71b47bc4ed976f56c06499e96167af88","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1161.105","next":"us-tx/tex.-estates-code-1161.151"},"notice":"GroundRules: Original legal text. Not legal advice."}