Tex. Ins. Code § 1102.002

BENEFITS PAYABLE IN CURRENCY

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff

Each benefit payable under an insurance policy delivered, issued, or used in this state by an insurer shall be payable in currency.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.