{"data":{"id":"us-tx/tex.-insurance-code-1151.058","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1151.058","heading":"NONFORFEITURE BENEFITS AND CASH SURRENDER VALUES IN GENERAL.","body":"An industrial life insurance policy must provide, in case of default in payment of premiums, nonforfeiture benefits and cash surrender values in accordance with:\n(1) Sections 1151.152-1151.154; or\n(2) Chapter 1105, for a policy issued on or after the date determined under Section 1105.002(a) or (b), as applicable.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE C. SPECIALIZED COVERAGES","CHAPTER 1151. INDUSTRIAL LIFE INSURANCE","SUBCHAPTER B. REQUIRED POLICY PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1151.htm#1151.058","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"bc9faba88e76126aa121cf16df39cb092aaf7bc2b5c4200430d57a1fb8b8512a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1151.057","next":"us-tx/tex.-insurance-code-1151.059"},"notice":"GroundRules: Original legal text. Not legal advice."}