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

Tex. Insurance Code § 1131.452: ELIGIBLE DEBTORS.

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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 J. GROUP LIFE INSURANCE POLICIES ISSUED TO CREDITORS: ADDITIONAL REQUIREMENTS

All individuals who become borrowers, or purchasers of securities, merchandise, or other property, under an agreement to pay the borrowed amount or to pay the balance of the price of the securities, merchandise, or other property purchased, are eligible for insurance under the policy.

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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