The exemptions provided by Section 1108.051 apply regardless of whether:
(1) the power to change the beneficiary is reserved to the insured; or
(2) the insured or the insured's estate is a beneficiary.
EXEMPTIONS UNAFFECTED BY BENEFICIARY DESIGNATION
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff
The exemptions provided by Section 1108.051 apply regardless of whether:
(1) the power to change the beneficiary is reserved to the insured; or
(2) the insured or the insured's estate is a beneficiary.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.