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Texas Insurance Code

§ 547.051 — ACTS PROHIBITED

IN § 547.051Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 547. FALSE ADVERTISING BY UNAUTHORIZED INSURERS · Art. B. PROHIBITION; ENFORCEMENT

Statute text

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(a)This section applies only to an insurer's misrepresentation of:
(1)the insurer's financial condition;
(2)the terms of an existing or future contract;
(3)the benefits or advantages promised by an existing or future contract; or
(4)the dividends or share of surplus to be received on an existing or future contract.
(b)An unauthorized alien or foreign insurer may not:

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.