Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 425.056 - Limitation on Liability for Actuarial Opinion(a) Except in cases of fraud or wilful misconduct or as provided by Subsection (b), a person who certifies an opinion under Section 425.054 or 425.0545 is not liable for damages to a person, other than the life insurance company covered by the opinion, for an act, error, omission, decision, or other conduct with respect to the person's opinion.(b) Subsection (a) does not apply to an administrative penalty imposed under Chapter 84.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 313,Sec. 9, eff. 9/1/2015.Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.