Tex. Insurance Code § 1108.102

This is the official text of Tex. Insurance Code § 1108.102, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 1108.102. CERTAIN ASSIGNMENTS VOID.

Official statutory text

If an insurance policy, annuity contract, or annuity or benefit plan described by Section 1108.051 prohibits a beneficiary from assigning or commuting benefits to be provided or other rights under the policy, contract, or plan, an assignment or commutation or attempted assignment or commutation of the benefits or rights by the beneficiary is void.

Status: in_force · Read it on the official government site

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