Tex. Ins. Code § 1111A.011 · Chapter 1111A. LIFE SETTLEMENT CONTRACTS
ADVERTISING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A broker or provider licensed pursuant to this chapter may conduct or participate in an advertisement in this state. The advertisement must comply with all advertising and marketing laws under Chapter 541 and rules adopted by the commissioner that are applicable to life insurers or to license holders under this chapter.
(b) Advertisements shall be accurate, truthful, and not misleading in fact or by implication.
(c) A person may not:
(1) market, advertise, solicit, or otherwise promote the purchase of a policy for the sole purpose of or with an emphasis on settling the policy; or
(2) use the words "free," "no cost," or words of similar import in the marketing, advertising, or soliciting of, or otherwise promoting, the purchase of a policy.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 3, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1111A.htm
- Text hash
- sha256 c9b623b69b48d9ea3df8edc8b9f144ce6f162a4cae0788ab6f2055cf106931ac
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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