Tex. Ins. Code § 1810.002
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A promotional event prize program does not constitute the business of insurance in this state. A person's claim for performance under a contract for a promotional event prize program is not a covered claim under Chapter 462 and a promotional event prize program is not covered by the Texas Property and Casualty Insurance Guaranty Association or any other state guaranty association.
Tex. Ins. Code § 1810.002