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Tex. Ins. Code § 1103.103

DISCHARGE OF LIABILITY

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

In the absence of notice under Section 1103.102(b) received by the company before the date of payment, a company that issues a life insurance policy is discharged from all liability under the policy if the company pays the proceeds of the policy to a designated beneficiary under Section 1103.102(a).

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