Sec. 1153.055. PROHIBITIONS RELATING TO ISSUANCE OR USE OF FORM. (a) A policy, certificate of insurance, notice of proposed insurance, application for insurance, endorsement, or rider to which this chapter applies may not be issued or used before the 61st day after the date the form is filed with the commissioner under Section 1153.051, unless the commissioner gives prior written approval of the issuance or use of the form.
(b) An insurer who is notified by the commissioner that a form is disapproved may not issue or use that form.
(c) After the effective date of the withdrawal of the approval of a form under Section 1153.054, the insurer may not issue or use that form.
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
Section 1153.051. Filing of Form
Section 1153.052. Requirements Relating to Insurance Policy or Certificate
Section 1153.053. Disapproval of Form
Section 1153.054. Withdrawal of Approval of Form
Section 1153.055. Prohibitions Relating to Issuance or Use of Form