Texas Government Code Chapter 4002 > Subchapter A – General Provisions

Current as of: 2024 | Check for updates | Other versions


§ 4002.001	Applicability of Other Law
§ 4002.002	Sunset Provision

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Terms Used In Texas Government Code Chapter 4002 > Subchapter A - General Provisions

Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.