§ 884.451 Reserves On Individual and Group Life Insurance Policies
§ 884.452 Reserves On Accident and Health Insurance Policies
§ 884.453 Deficiency Reserve
§ 884.454 Commissioner’s Computation of Reserve Liability
§ 884.455 Required Securities
§ 884.456 Increase of Reserves

Terms Used In Texas Insurance Code Chapter 884 > Subchapter J - Reserves

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Property: means real and personal property. See Texas Government Code 311.005
  • Week: means seven consecutive days. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005