Sec. 1103.004. PARTNERSHIP OR PARTNER AS BENEFICIARY. A partnership or a member of a partnership may be designated as a beneficiary in a policy that insures the life of a member of the partnership.
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 1103 - Life Insurance Policy Beneficiaries
Subchapter A. Statutory Life Insurance Beneficiaries; Insurable Interest
Section 1103.001. Applicability of Subchapter
Section 1103.002. Insurable Interest of Beneficiary
Section 1103.003. Corporation, Joint Stock Association, or Trust Estate as Beneficiary