Texas Insurance Code
§ 462.007 — APPLICABILITY IN GENERAL; EXCEPTIONS
IN § 462.007Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 462. TEXAS PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION · Art. A. GENERAL PROVISIONS
Statute text
View on source(a)Except as provided by Subsection (b), this chapter applies to each kind of direct insurance.
(b)Except as provided by Subchapter F, this chapter does not apply to:
(1)life, annuity, health, or disability insurance;
(2)mortgage guaranty, financial guaranty, or other kinds of insurance offering protection against investment risks;
(3)a fidelity or surety bond, or any other bonding obligation;
(4)credit insurance, vendors' single-interest insurance, collateral protection insurance, or similar insurance protecting a creditor's interest arising out of a creditor-debtor transaction;
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Legislative history
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.005(a), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.005(a), eff. September 1, 2007.