A wholesale, franchise, or employee life insurance policy may be issued or delivered in this state only if the policy:
(1) covers a group described by Section 1131.065; and
(2) complies with Subchapter P.
CERTAIN WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE AUTHORIZED
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff
A wholesale, franchise, or employee life insurance policy may be issued or delivered in this state only if the policy:
(1) covers a group described by Section 1131.065; and
(2) complies with Subchapter P.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.