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Texas Insurance Code

§ 1111A.019 — MANDATORY REPORTING OF FRAUDULENT LIFE SETTLEMENT ACTS

IN § 1111A.019Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1111A. LIFE SETTLEMENT CONTRACTS

Statute text

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A person engaged in the business of life settlements has a duty under Section 701.051 to report a fraudulent life settlement act.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 3, eff. September 1, 2011.