SECTION 4.2835. Minimum Valuation Method Standards

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(a) The method used in determining the standard for the minimum valuation of reserves for preneed life insurance is the method defined in Insurance Code Chapter 425, Subchapter B, concerning Standard Valuation Law.
(b) The method used in determining the standard for the minimum nonforfeiture values for preneed life insurance is the method defined in Insurance Code Chapter 1105, concerning Standard Nonforfeiture Law for Life Insurance.

Source Note: The provisions of this §4.2835 adopted to be effective December 29, 2008, 33 TexReg 10441; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127; amended to be effective January 24, 2024, 49 TexReg 250

                    
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