Tex. Ins. Code § 862.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 862.052 - Prohibitions Relating to Life Insurance and Life Insurance Companies

(a) An insurance company authorized by its charter to write fire, marine, lightning, tornado, or inland marine insurance in this state may not write life insurance.

(b) An insurance company authorized to write life insurance in this state may not write fire, marine, or inland marine insurance or any other insurance described by Section 862.051.

(c) The commissioner shall enforce this section.

Tex. Ins. Code § 862.052

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.