SECTION 4.610. Cash Value  


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  • The policy must stipulate that the company may defer payment of cash surrender values for not more than six months after the application therefor is made. The six-month period may commence with the date of receipt of the request by the company, if the policy so provides.

Source Note: The provisions of this §4.610 adopted to be effective January 1, 1976; amended to be effective September 20, 1982, 7 TexReg 3244; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127