{"data":{"id":"us-tx/tex.-insurance-code-556.152","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 556.152","heading":"PROMOTIONAL MATERIALS DISCLOSURE.","body":"(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.\n(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:\n(1) is not insured by the Federal Deposit Insurance Corporation;\n(2) is not issued, guaranteed, or underwritten by the depository institution or the Federal Deposit Insurance Corporation; and\n(3) involves investment risk, if appropriate, including potential loss of principal.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 5. PROTECTION OF CONSUMER INTERESTS","SUBTITLE C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES","CHAPTER 556. UNFAIR METHODS OF COMPETITION AND UNFAIR PRACTICES BY FINANCIAL INSTITUTIONS","SUBCHAPTER D. DISCLOSURES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.556.htm#556.152","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"48ba826dba3cc4ecec8f74ec0d8bf6b1957104ad2cf07fd454c510be4742a6ee","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-556.151","next":"us-tx/tex.-insurance-code-556.153"},"notice":"GroundRules: Original legal text. Not legal advice."}
