Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 1115.0515: CONFLICT OF INTEREST OBLIGATION.

Where this section sits in the code

INSURANCE CODE
TITLE 7. LIFE INSURANCE AND ANNUITIES
SUBTITLE A. LIFE INSURANCE IN GENERAL
CHAPTER 1115. SUITABILITY OF CERTAIN ANNUITY TRANSACTIONS
SUBCHAPTER B. DUTIES OF INSURERS AND AGENTS

(a) An agent shall take reasonable steps to discover a material conflict of interest, including a material conflict of interest related to an ownership interest.

(b) An agent shall:

(1) identify and avoid a material conflict of interest; or

(2) reasonably manage and disclose the conflict.

Added by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 9, eff. September 1, 2021.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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