Texas Administrative Code
Title 28 - INSURANCE
Part 2 - TEXAS DEPARTMENT OF INSURANCE, DIVISION OF WORKERS' COMPENSATION
Chapter 56 - STRUCTURED COMPROMISE SETTLEMENT AGREEMENTS
Section 56.65 - Cost of the Annuity
Universal Citation: 28 TX Admin Code ยง 56.65
Current through Reg. 49, No. 38; September 20, 2024
(a) The carrier shall submit to the board with the structured settlement, in camera, the cost of the annuity.
(b) The cost of the annuity to a carrier that does not purchase an annuity from a third party is the discounted value of the periodic payments to be provided (effective 1987).
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