Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter K - MAXIMUM GUARANTEED INTEREST RATES FOR ANNUITIES, PURE ENDOWMENT CONTRACTS, AND MISCELLANEOUS FUNDS
Section 3.1005 - Reserve Requirements
Universal Citation: 28 TX Admin Code § 3.1005
Current through Reg. 50, No. 13; March 28, 2025
The Standard Valuation Law, as it appears in Texas statutes, discusses interest rates appropriate for the calculation of minimum reserves. The Standard Valuation Law also defines the commissioner's annuity reserve method which is required to be used to compute the minimum reserves for annuity and pure endowment contracts. Reserves must never be less than corresponding cash values.
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