{"data":{"id":"us-tx/tex.-insurance-code-425.056","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 425.056","heading":"LIMITATION ON LIABILITY FOR ACTUARIAL OPINION.","body":"(a) Except in cases of fraud or wilful misconduct or as provided by Subsection (b), a person who certifies an opinion under Section 425.054 or 425.0545 is not liable for damages to a person, other than the life insurance company covered by the opinion, for an act, error, omission, decision, or other conduct with respect to the person's opinion.\n(b) Subsection (a) does not apply to an administrative penalty imposed under Chapter 84.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.\nAmended by:\nActs 2015, 84th Leg., R.S., Ch. 313 (S.B. 1654), Sec. 9, eff. September 1, 2015.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE B. RESERVES AND INVESTMENTS","CHAPTER 425. RESERVES AND INVESTMENTS FOR LIFE INSURANCE COMPANIES AND RELATED ENTITIES","SUBCHAPTER B. STANDARD VALUATION LAW"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.425.htm#425.056","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"f0d317029aa81c216414688963cc56646d0380b8b8645b4eb68a0f9118d153ea","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-425.055","next":"us-tx/tex.-insurance-code-425.057"},"notice":"GroundRules: Original legal text. Not legal advice."}