Sec. 1111A.026. APPLICABILITY OF CERTAIN PROVISIONS TO LIFE EXPECTANCY ESTIMATORS. (a) The following provisions do not apply to a broker who acts solely as a life expectancy estimator:
(1) Section 1111A.003(p);
(2) Section 1111A.012; and
(3) Sections 1111A.014(l) and (m).
(b) The commissioner may exempt a broker who acts only as a life expectancy estimator from other provisions of this chapter if the commissioner finds that the application of those provisions to the broker is not necessary for the public welfare.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 3, eff. September 1, 2011.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle A - Life Insurance in General
Chapter 1111A - Life Settlement Contracts
Section 1111A.001. Short Title
Section 1111A.002. Definitions
Section 1111A.003. Licensing Requirements; Exemption
Section 1111A.004. License Suspension, Revocation, or Refusal to Renew
Section 1111A.005. Requirements for Contract Forms, Disclosure Forms, and Advertisements
Section 1111A.006. Reporting Requirements and Privacy
Section 1111A.007. Examination
Section 1111A.008. Immunity From Liability
Section 1111A.009. Investigative Authority of the Commissioner
Section 1111A.010. Cost of Examinations
Section 1111A.011. Advertising
Section 1111A.012. Disclosures to Owners
Section 1111A.013. Disclosure to Insurer
Section 1111A.014. General Rules
Section 1111A.015. Authority to Adopt Rules
Section 1111A.016. Conflict of Laws
Section 1111A.017. Prohibited Practices
Section 1111A.018. Fraud Prevention and Control
Section 1111A.019. Mandatory Reporting of Fraudulent Life Settlement Acts
Section 1111A.020. Confidentiality
Section 1111A.021. Other Law Enforcement or Regulatory Authority
Section 1111A.022. Life Settlement Antifraud Initiatives
Section 1111A.023. Injunction; Civil Remedies; Cease and Desist Orders
Section 1111A.025. Applicability of Other Insurance Laws
Section 1111A.026. Applicability of Certain Provisions to Life Expectancy Estimators