Sec. 1102.002. BENEFITS PAYABLE IN CURRENCY. Each benefit payable under an insurance policy delivered, issued, or used in this state by an insurer shall be payable in currency.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle A - Life Insurance in General
Chapter 1102 - Payment of Insurance Benefits in Currency
Section 1102.002. Benefits Payable in Currency
Section 1102.003. Statement Regarding Value of Foreign Currency
Section 1102.004. Previously Approved Insurance Policy Form Payable in Foreign Currency