Insurance Code § 1107.054
For annuity contracts paid with a single consideration, the minimum nonforfeiture amount is calculated like a flexible-consideration contract, but with a $75 deduction and using 90% of the net consideration amount.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
annuity contracts consideration calculations nonforfeiture amount
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Insurance Code § 1107.054
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.