A person engaged in the business of life settlements has a duty under Section 701.051 to report a fraudulent life settlement act.
Tex. Ins. Code § 1111A.019
MANDATORY REPORTING OF FRAUDULENT LIFE SETTLEMENT ACTS
Known as the Life Settlements Act
The act spans §§ 1111–1111 (26 sections).
Added by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.