Sec. 1153.002. PURPOSE; LEGISLATIVE INTENT; CONSTRUCTION. (a) The purpose of this chapter is to promote the public welfare by regulating credit life insurance and credit accident and health insurance.
(b) This chapter is not intended to prohibit or discourage reasonable competition.
(c) This chapter shall be liberally construed.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle C - Specialized Coverages
Chapter 1153 - Credit Life Insurance and Credit Accident and Health Insurance
Subchapter A. General Provisions
Section 1153.002. Purpose; Legislative Intent; Construction
Section 1153.004. Applicability of Chapter
Section 1153.007. Gain or Advantage From Insurance Not Prohibited Charge