Definition

Tex. Insurance Code § 1116.001, under Required Provisions For Annuity Contract.

Tex. Insurance Code § 1116.001

Sec. 1116.001. DEFINITION. In this chapter, "annuity" means a fixed, variable, or modified guaranteed annuity that is individually solicited, whether classified as an individual annuity or group annuity. Added by Acts 2011, 82nd Leg., R.S., Ch. 77 (H.B. 1032), Sec. 1, eff. September 1, 2011.