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TITLE 28 | INSURANCE |
PART 2 | TEXAS DEPARTMENT OF INSURANCE, DIVISION OF WORKERS' COMPENSATION |
CHAPTER 56 | STRUCTURED COMPROMISE SETTLEMENT AGREEMENTS |
RULE §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). |
Source Note: The provisions of this §56.55 adopted to be effective December 21, 1987, 12 TexReg 4529. |