Tex. Ins. Code § 1103.005

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

Section 1103.005 - Religious, Educational, Eleemosynary, Charitable, or Benevolent Institution or Undertaking As Beneficiary

A religious, educational, eleemosynary, charitable, or benevolent institution or undertaking may be designated as a beneficiary in a policy that insures the life of an individual.

Tex. Ins. Code § 1103.005

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.