™Your Policy Risk Impact Agent
386 chapters · 7,822 sections in this title.
Tex. Insurance Code § 1110.001 Definitions
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Sec. 1110.001. DEFINITIONS. In this chapter: (1) "Life insurance policy" includes: (A) a benefit certificate issued by a fraternal benefit society; or (B) an annuity contract that provides for a policy loan. (2) "Policy loan" includes any premium loan made under a life insurance …
Tex. Insurance Code § 1110.002 Applicability of Chapter
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Sec. 1110.002. APPLICABILITY OF CHAPTER. This chapter applies only to a life insurance policy issued on or after August 31, 1981. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Tex. Insurance Code § 1110.003 Applicability of Other Law
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Sec. 1110.003. APPLICABILITY OF OTHER LAW. A law not included in this chapter applies to interest rates on policy loans only if that law is made specifically applicable to those rates. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Tex. Insurance Code § 1110.004 Maximum Interest Rate On Policy Loans
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Sec. 1110.004. MAXIMUM INTEREST RATE ON POLICY LOANS. (a) In this section, "published monthly average" means: (1) Moody's Corporate Bond Yield Average--Monthly Average Corporates as published by Moody's Investors Service, Inc., or a successor to that corporation; or (2) if the ra…