Sec. 1806.059. CERTAIN PROMOTIONAL PRACTICES AUTHORIZED. Section 1806.053 does not prohibit an insurer or an insurer's agent or other representative from, in connection with an offer or sale of an insurance policy subject to this subchapter, giving, providing, or allowing or offering to give, provide, or allow an item that is a promotional advertising item, educational item, or traditional courtesy commonly extended to consumers and that is valued at $25 or less.
Added by Acts 2013, 83rd Leg., R.S., Ch. 28 (S.B. 840), Sec. 3, eff. September 1, 2013.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle A - General Provisions
Chapter 1806 - Prohibited Practices and Rebates Related to Policies
Subchapter B. Provisions Applicable to Automobile Insurance
Section 1806.051. Applicability of Subchapter
Section 1806.052. Construction of Subchapter
Section 1806.053. Discriminations or Distinctions
Section 1806.054. Other Prohibited Inducements
Section 1806.055. Profit Sharing Authorized; Certain Prohibitions
Section 1806.056. Profit Sharing Based on Combat Duty Authorized
Section 1806.057. Profit Sharing With Members of Certain Associations Authorized