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Tex. Insurance Code § 882.454

LIMITATION ON AMOUNT OF POLICY VALUE FOR CERTAIN COMPANIES

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 882.454, LIMITATION ON AMOUNT OF POLICY VALUE FOR CERTAIN COMPANIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679871
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If the total amount of a mutual life insurance company's insurance in force is less than $10 million, the company may not issue a policy that, after deducting any reinsurance, binds the company for more than $5,000 on a single life.