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    • Legislation USA
    • Texas Statutes
    • Insurance Code
    • Title 15 - Interstate Insurance Compacts
    • Chapter 5001 - Interstate Insurance Product Regulation Compact
    • Article XV. Severability and Construction

    Texas Statutes
    Chapter 5001 - Interstate Insurance Product Regulation Compact
    Article XV. Severability and Construction

    1. The provisions of this Compact shall be severable; and if any phrase, clause, sentence or provision is deemed unenforceable, the remaining provisions of the Compact shall be enforceable.
    2. The provisions of this Compact shall be liberally construed to effectuate its purposes.

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    Structure Texas Statutes

    Texas Statutes

    Insurance Code

    Title 15 - Interstate Insurance Compacts

    Chapter 5001 - Interstate Insurance Product Regulation Compact

    Article I. Purposes

    Article II. Definitions

    Article III. Establishment of the Commission and Venue

    Article IV. Powers of the Commission

    Article V. Organization of the Commission

    Article VI. Meetings and Acts

    Article VII. Rules and Operating Procedures:

    Article VIII. Commission Records and Enforcement

    Article IX. Dispute Resolution

    Article X. Product Filing and Approval

    Article XI. Review of Commission Decisions

    Article XII. Finance

    Article XIII. Compacting States, Effective Date and Amendment

    Article XIV. Withdrawal, Default and Termination

    Article XV. Severability and Construction

    Article XVI. Binding Effect of Compact and Other Laws

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