{"data":{"id":"us-tx/tex.-insurance-code-401.059","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 401.059","heading":"DETERMINATION OF VALUE.","body":"In determining the value or market value of an investment in or on real estate or an improvement to real estate by a carrier authorized to engage in business in this state, the department, in administering this code, may consider any factor or matter that the department considers proper and material, including:\n(1) an appraisal by a real estate board or other qualified person;\n(2) an affidavit by another person familiar with those values;\n(3) a tax valuation;\n(4) the cost of acquisition after deducting for depreciation and obsolescence;\n(5) the cost of replacement;\n(6) sales of other comparable property;\n(7) enhancement in value from any cause;\n(8) income received or to be received; and\n(9) any improvements made.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 401. AUDITS AND EXAMINATIONS","SUBCHAPTER B. EXAMINATION OF CARRIERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.401.htm#401.059","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"cd9237c5f55835da9f42107bb84e28db303e78b1cff6cdb365daabaec72eca18","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-401.058","next":"us-tx/tex.-insurance-code-401.060"},"notice":"GroundRules: Original legal text. Not legal advice."}