Texas Workers' Compensation

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§ 56.55. Annuity Company

An annuity company providing an annuity under the terms of a structured settlement must be licensed to do business in Texas and must have a Best’s rating of A+, with a financial size category of VII or above, according to the most recent information available (effective 1987).

The provisions of this § 56.55 adopted to be effective December 21, 1987, 12 TexReg 4529.

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At a Glance:

Title:

§ 56.55. Annuity Company

Title:

Title 28. Insurance

Status:

Current

Usage:

Old Law Rule

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