Sec. 1806.152. CONSTRUCTION OF SUBCHAPTER. (a) This subchapter, Subtitle D, and Subchapter C, Chapter 5, may not be construed to deal with the collection of premiums, but each insurer may make rules and regulations the insurer considers just between the insurer and the insurer's agents and policyholders.
(b) A bona fide extension of credit may not be construed as discrimination or as a violation of this subchapter.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle A - General Provisions
Chapter 1806 - Prohibited Practices and Rebates Related to Policies
Subchapter D. Provisions Applicable to Fire Insurance
Section 1806.151. Applicability of Subchapter
Section 1806.152. Construction of Subchapter
Section 1806.153. Unjust Discrimination; Rebates
Section 1806.154. Profit Sharing Authorized
Section 1806.1541. Certain Promotional Practices Authorized
Section 1806.155. Insurer Liability on Policy Issued Without Authority
Section 1806.156. Acceptance of Rebate or Other Inducement; Criminal Penalty