Texas § IN.425.060 - APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES
Full text of Texas The Texas Constitution § IN.425.060 — APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES, with citation guidance and answers to common questions.
§ IN.425.060. APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES
APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES. The calendar year statutory valuation interest rates as defined by Sections 425.061 , 425.062 , and 425.063 are the interest rates used in determining the minimum standard for the valuation of: (1) a life insurance policy to which Subchapter B , Chapter 1105 , applies; (2) an individual annuity or pure endowment contract issued on or after January 1, 1982; (3) an annuity or pure endowment purchased on or after January 1, 1982, under a group annuity or pure endowment contract; or (4) the net increase, if any, in a calendar year after January 1, 1982, in amounts held under a guaranteed interest contract. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.425.060
What does The Texas Constitution § IN.425.060 cover?
Section IN.425.060 ("APPLICABILITY OF CALENDAR YEAR STATUTORY VALUATION INTEREST RATES") 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.425.060?
A common citation format is "The Texas Constitution § IN.425.060" (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.425.060 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.