(a) A group life insurance policy may be issued to a creditor to insure the creditor's debtors.
(b) The creditor is the policyholder under a policy to which this section applies.
(c) A policy to which this section applies is subject to Subchapter J.
Tex. Ins. Code § 1131.057
CREDITORS
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, 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.