Sec. 1131.003. CERTAIN WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE AUTHORIZED. A wholesale, franchise, or employee life insurance policy may be issued or delivered in this state only if the policy:
(1) covers a group described by Section 1131.065; and
(2) complies with Subchapter P.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle B - Group Life Insurance
Chapter 1131 - Group Life Insurance and Wholesale, Franchise, or Employee Life Insurance
Subchapter A. General Provisions
Section 1131.002. Certain Group Life Insurance Authorized
Section 1131.003. Certain Wholesale, Franchise, or Employee Life Insurance Authorized
Section 1131.005. Guaranteeing Issuance of Life Insurance Policy Without Evidence of Insurability