Tex. Insurance Code § 1152.058
This is the official text of Tex. Insurance Code § 1152.058, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1152.058. ASSET VALUATION IN SEPARATE ACCOUNT.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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