Section 3.9604 - Minimum Valuation Interest Rate Standards(a) The interest rates used in determining the minimum standard for valuation of preneed life insurance shall be the calendar year statutory valuation rates as defined in the Insurance Code Chapter 425 Subchapter B (Standard Valuation Law).(b) The interest rates used in determining the minimum standard for nonforfeiture values for preneed life insurance shall be the calendar year statutory nonforfeiture interest rates as defined in the Insurance Code Chapter 1105 (Standard Nonforfeiture Law for Life Insurance).28 Tex. Admin. Code § 3.9604
The provisions of this §3.9604 adopted to be effective December 29, 2008, 33 TexReg 10441