Tex. Ins. Code § 1103.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1103.103 - Discharge of Liability

In the absence of notice under Section 1103.102(b) received by the company before the date of payment, a company that issues a life insurance policy is discharged from all liability under the policy if the company pays the proceeds of the policy to a designated beneficiary under Section 1103.102(a).

Tex. Ins. Code § 1103.103

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