Life insurance policy proceeds received by a trustee under this subchapter may be commingled with any other assets properly coming into the trust.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.
Insurance Code › Title 7 › Chapter 1104 › Subchapter B
Texas Insurance Code § 1104.024
Commingling
Life Insurance and Annuity Contracts Issued to Certain Persons · Trustee Named as Beneficiary of Life Insurance Policy
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.