28 Tex. Admin. Code § 4.2801

Current through Reg. 49, No. 49; December 6, 2024

Section 4.2801 - Purpose

The purpose of this subchapter is to prescribe guidelines and standards for the following activities:

(1) the submission of a statement of actuarial opinion in accordance with Insurance Code § 425.054, concerning Annual Valuation of Reserves for Policies and Contracts Issued on or After Operative Date of Valuation Manual, and for memoranda in support of such opinion;

(2) the appointment of an appointed actuary; and

(3) guidance as to the meaning of "adequacy of reserves."

28 Tex. Admin. Code § 4.2801

Adopted by Texas Register, Volume 49, Number 03, January 19, 2024, TexReg 0263, eff. 1/24/2024