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Tex. Ins. Code § 1108.102

CERTAIN ASSIGNMENTS VOID

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff

If an insurance policy, annuity contract, or annuity or benefit plan described by Section 1108.051 prohibits a beneficiary from assigning or commuting benefits to be provided or other rights under the policy, contract, or plan, an assignment or commutation or attempted assignment or commutation of the benefits or rights by the beneficiary is void.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.