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TITLE 28INSURANCE
PART 2TEXAS DEPARTMENT OF INSURANCE, DIVISION OF WORKERS' COMPENSATION
CHAPTER 56STRUCTURED COMPROMISE SETTLEMENT AGREEMENTS
RULE §56.65Cost of the Annuity
(a) The carrier shall submit to the board with the structured settlement, in camera, the cost of the annuity.

(b) The cost of the annuity to a carrier that does not purchase an annuity from a third party is the discounted value of the periodic payments to be provided (effective 1987).
Source Note: The provisions of this §56.65 adopted to be effective December 21, 1987, 12 TexReg 4529.

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