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

Tex. Insurance Code § 556.152: PROMOTIONAL MATERIALS DISCLOSURE.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 5. PROTECTION OF CONSUMER INTERESTS
  3. SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES
  4. CHAPTER 556. UNFAIR METHODS OF COMPETITION AND UNFAIR PRACTICES BY FINANCIAL INSTITUTIONS
  5. SUBCHAPTER D. DISCLOSURES

(a) This section applies to each agent that is a depository institution or that, on the premises of a depository institution or in connection with a product offering of a depository institution, sells or solicits the purchase of insurance recommended or sponsored by the depository institution.

(b) Promotional materials relating to an insurance product distributed to a customer or potential customer must clearly disclose that an insurance product sold through an agent affiliated with a depository institution:

(1) is not insured by the Federal Deposit Insurance Corporation;

(2) is not issued, guaranteed, or underwritten by the depository institution or the Federal Deposit Insurance Corporation; and

(3) involves investment risk, if appropriate, including potential loss of principal.

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

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

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