{"data":{"id":"us-tx/tex.-insurance-code-1115.0506","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1115.0506","heading":"TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER.","body":"An agent does not have an obligation to a consumer under Section 1115.0513 if:\n(1) the agent does not make a recommendation;\n(2) the agent makes a recommendation based on materially inaccurate information provided by the consumer;\n(3) the consumer refuses to provide consumer profile information; or\n(4) the consumer enters into an annuity transaction that is not based on the recommendation from the agent or the insurer.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 262 (H.B. 1777), Sec. 6, eff. September 1, 2021.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1115.htm#1115.0506","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"8840fda6b69c2a3361d29af42571363d93c0c580d0377375ac88c90128b34db9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1115.0505","next":"us-tx/tex.-insurance-code-1115.0507"},"notice":"GroundRules: Original legal text. Not legal advice."}