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

Tex. Insurance Code § 1131.057: CREDITORS.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 7. LIFE INSURANCE AND ANNUITIES
  3. SUBTITLE B. GROUP LIFE INSURANCE
  4. CHAPTER 1131. GROUP LIFE INSURANCE AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE
  5. SUBCHAPTER B. GROUP AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE: ELIGIBLE POLICYHOLDERS

(a) A group life insurance policy may be issued to a creditor to insure the creditor's debtors.

(b) The creditor is the policyholder under a policy to which this section applies.

(c) A policy to which this section applies is subject to Subchapter J.

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

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

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