Tex. Insurance Code § 2054.303: DENIAL OF COVERAGE BASED ON CREDIT RISK.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE E. WORKERS' COMPENSATION INSURANCE
- CHAPTER 2054. TEXAS MUTUAL INSURANCE COMPANY
- SUBCHAPTER G. ISSUANCE OF COVERAGE
The company may refuse to write insurance coverage for an applicant that the company identifies as a credit risk unless the applicant, before a policy is issued:
(1) pays the total estimated premium and related charges; or
(2) provides security for payment of the total estimated premium and related charges.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON