Texas § IN.1152.058 - ASSET VALUATION IN SEPARATE ACCOUNT
Full text of Texas The Texas Constitution § IN.1152.058 — ASSET VALUATION IN SEPARATE ACCOUNT, with citation guidance and answers to common questions.
§ IN.1152.058. ASSET VALUATION IN SEPARATE ACCOUNT
ASSET VALUATION IN SEPARATE ACCOUNT. An asset allocated to a separate account is valued: (1) at its market value on the date of valuation; (2) as provided under a contract, rule, or other written agreement applicable to the separate account, if a readily available market does not exist; (3) as provided by the rules otherwise applicable to the insurance company's assets for any portion of the assets that is equal to the company's reserve liability with regard to the guaranteed benefits and funds under Section 1152.055 ; or (4) under any other method approved by the commissioner. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1152.058
What does The Texas Constitution § IN.1152.058 cover?
Section IN.1152.058 ("ASSET VALUATION IN SEPARATE ACCOUNT") 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.1152.058?
A common citation format is "The Texas Constitution § IN.1152.058" (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.1152.058 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.