Texas Insurance Code Title 7, Chapter 1108 - Benefits Exempt From Seizure

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 1108.001 - Construction With Other Law
  The exemptions under this chapter are in addition to the exemptions from garnishment, attachment, execution, or other seizure under Chapter 42, Property Code. Added by...

SUBCHAPTER B EXEMPTIONS FROM SEIZURE

• Texas Section 1108.002 - Annuity Contracts
  For purposes of regulation under this code, an annuity contract is considered an insurance policy or contract if the annuity contract is issued: (1) by...
• Texas Section 1108.051 - Exemptions For Certain Insurance And Annuity Benefits
  (a) Except as provided by Section 1108.053, this section applies to any benefits, including the cash value and proceeds of an insurance policy, to be...
• Texas Section 1108.052 - Exemptions Unaffected By Beneficiary Designation
  The exemptions provided by Section 1108.051 apply regardless of whether: (1) the power to change the beneficiary is reserved to the insured; or (2) the...

SUBCHAPTER C ASSIGNMENT OF BENEFITS

• Texas Section 1108.053 - Exceptions To Exemptions
  The exemptions provided by Section 1108.051 do not apply to: (1) a premium payment made in fraud of a creditor, subject to the applicable statute...
• Texas Section 1108.101 - Assignment Generally
  (a) This chapter does not prevent an insured, owner, or annuitant from assigning, in accordance with the terms of the policy or contract: (1) any...
• Texas Section 1108.102 - Certain Assignments Void
  If an insurance policy, annuity contract, or annuity or benefit plan described by Section 1108.051 prohibits a beneficiary from assigning or commuting benefits to be...

Last modified: September 28, 2016