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Tex. Ins. Code § 551.007

NOTICE OF DECLINATION FOR COMMERCIAL LINES OF INSURANCE

Added by Acts 2025, 89th Leg., R.S., Ch. 940 (H.B. 2067), Sec. 3, eff

(a) An insurer must deliver a notice of a declination required by this chapter for a completed and submitted application for a commercial line of insurance to the applicant's agent.

(b) On receiving a notice described by Subsection (a), an agent shall disclose the declination to the applicant and make the notice available for the applicant to review.

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