Sec. 1304.160. LIMITATIONS ON PROVIDER NAME. (a) A provider may not use a name that:
(1) includes "insurance," "casualty," "surety," or "mutual" or any other word descriptive of the insurance, casualty, or surety business; or
(2) is deceptively similar to the name or description of an insurance or surety corporation or to the name of any other provider.
(b) A provider may include in its name "guaranty" or a similar word.
(c) This section does not apply to a provider that, before September 1, 1999, included a word prohibited under this section in its name. A provider described by this subsection must include in each service contract a statement substantially similar to the following: "This agreement is not an insurance contract."
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 3, eff. June 1, 2003.
Structure Texas Statutes
Title 8 - Regulation of Environmental and Industrial Trades
Chapter 1304 - Service Contract Providers and Administrators
Subchapter D. Practice by Service Contract Providers,
Section 1304.151. Financial Security Requirements; Distribution of Funds Held in Trust
Section 1304.152. Reimbursement Insurance Policy
Section 1304.1521. Financial Security Transition
Section 1304.153. Appointment and Responsibilities of Administrator
Section 1304.1531. Service Contract Sellers; Responsibilities
Section 1304.154. Provider Requirements
Section 1304.155. Provider Records
Section 1304.156. Form of Service Contract and Required Disclosures
Section 1304.157. Residential Service Contracts
Section 1304.1581. Cancellation by Service Contract Holder; Refund
Section 1304.159. Cancellation by Provider; Refund