{"data":{"id":"us-tx/tex.-insurance-code-1110.005","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1110.005","heading":"FREQUENCY OF ADJUSTABLE INTEREST RATE DETERMINATION.","body":"A life insurer shall determine the adjustable interest rate under Section 1110.004(b)(2) at regular intervals at least once every 12 months but not more frequently than once in any three-month period. At the intervals specified in the life insurance policy, the insurer:\n(1) may increase the rate charged when the interest rate determined under Section 1110.004(b)(2) would result in a rate increase of at least one-half of one percent per year; and\n(2) shall reduce the rate charged when the interest rate determined under Section 1110.004(b)(2) would result in a rate decrease of at least one-half of one percent per year.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE A. LIFE INSURANCE IN GENERAL","CHAPTER 1110. INTEREST RATES ON CERTAIN POLICY LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1110.htm#1110.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"7264974a0a7271c1873e64c7e5896ab1928f9d367ff98f64461f87a8d11908e9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1110.004","next":"us-tx/tex.-insurance-code-1110.006"},"notice":"GroundRules: Original legal text. Not legal advice."}