- (a) The purpose of this subchapter is to adopt by reference the National Association of Insurance Commissioners (NAIC) Valuation Manual, as required by Insurance Code §425.073, and to implement Insurance Code §425.077.
- (b) The commissioner adopts by reference the NAIC Valuation Manual.
- (c) The operative date of the NAIC Valuation Manual in Texas is January 1, 2017.
Source Note:The provisions of this §3.9901 adopted to be effective January 18, 2017, 42 TexReg 65.