Tex. Insurance Code § 425.066
MINIMUM AGGREGATE RESERVES
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 425.066, MINIMUM AGGREGATE RESERVES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677535
- Permanent ID
ys:prov:677535@1- SHA-256
4cfac421a5a17d880cc643b99bb348f4f30923bb5643c6c6b6780458b7948289
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) An insurance company's aggregate reserves for all life insurance policies, excluding disability or accidental death benefits, issued by the company on or after the date on which Chapter 1105 applies to policies issued by the company, as determined under Section 1105.002(a) or (b), may not be less than the aggregate reserves computed in accordance with the methods prescribed by Sections 425.064, 425.065, 425.068, and 425.069 and the mortality table or tables and interest rate or rates used in computing nonforfeiture benefits for those policies.
(b) The aggregate reserves of an insurance company to which this section applies for all policies, contracts, and benefits may not be less than the aggregate reserves determined to be necessary to issue a favorable opinion under Section 425.054.