Texas § IN.1107.107 - COMPUTATIONS NOT AFFECTED BY ADDITIONAL BENEFITS
Full text of Texas The Texas Constitution § IN.1107.107 — COMPUTATIONS NOT AFFECTED BY ADDITIONAL BENEFITS, with citation guidance and answers to common questions.
§ IN.1107.107. COMPUTATIONS NOT AFFECTED BY ADDITIONAL BENEFITS
COMPUTATIONS NOT AFFECTED BY ADDITIONAL BENEFITS. (a) Notwithstanding any other provision of this subchapter or Section 1107.006 , a computation of a minimum nonforfeiture amount or of a paid-up annuity, cash surrender, or death benefit under this chapter may not include: (1) any additional benefit that is: (A) payable in the event of total and permanent disability; (B) payable as a reversionary annuity or deferred reversionary annuity benefit; or (C) payable as another policy benefit in addition to life insurance, endowment, or annuity benefits; or (2) the considerations paid for the additional benefit. (b) A paid-up benefit under an annuity contract is not required to include an additional benefit described by Subsection (a) unless the additional benefit separately requires: (1) a minimum nonforfeiture amount; or (2) a paid-up annuity, cash surrender, or death benefit. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 869, Sec. 1, eff. June 20, 2003.
Frequently Asked Questions About Texas § IN.1107.107
What does The Texas Constitution § IN.1107.107 cover?
Section IN.1107.107 ("COMPUTATIONS NOT AFFECTED BY ADDITIONAL BENEFITS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1107.107?
A common citation format is "The Texas Constitution § IN.1107.107" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1107.107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.