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Texas Insurance Code

§ 1106.001 — APPLICABILITY OF CHAPTER

IN § 1106.001Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1106. REINSTATEMENT OF CERTAIN LIFE INSURANCE POLICIES

Statute text

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(a)This chapter applies to each individual life insurance policy issued to a resident of this state by an insurer authorized to engage in the business of insurance in this state, including a stipulated premium company and a fraternal benefit society, that is subject to lapse on or after September 1, 1995.
(b)This chapter does not apply to a life insurance policy that provides nonforfeiture benefits in accordance with the requirements of this code.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.