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Tex. Ins. Code § 862.055

FIRE INSURANCE: INTEREST OF MORTGAGEE OR TRUSTEE

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

(a) The interest of a mortgagee or trustee under a fire insurance contract covering property located in this state may not be invalidated by:

(1) an act or neglect of the mortgagor or owner of the property; or

(2) the occurrence of a condition beyond the mortgagor's or owner's control.

(b) A provision of a contract that conflicts with Subsection (a) is void.

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