28 Tex. Admin. Code § 3.110

Current through Reg. 49, No. 44; November 1, 2024

Section 3.110 - Cash Value

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.

The provisions of this §3.110 adopted to be effective January 1, 1976; amended to be effective September 20, 1982, 7 TexReg 3244.