28 Tex. Admin. Code § 3.9604 - Minimum Valuation Interest Rate Standards
(a) The interest rates used in determining
the minimum standard for valuation of preneed life insurance shall be the
calendar year statutory valuation rates as defined in the Insurance Code
Chapter 425 Subchapter B (Standard Valuation Law).
(b) The interest rates used in determining
the minimum standard for nonforfeiture values for preneed life insurance shall
be the calendar year statutory nonforfeiture interest rates as defined in the
Insurance Code Chapter 1105 (Standard Nonforfeiture Law for Life
Insurance).
Notes
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