Tex. Ins. Code § 1153.151 · Subchapter D. CREDIT INSURANCE REQUIREMENTS

FORMS OF CREDIT LIFE INSURANCE.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

Credit life insurance may be issued only as:

(1) an individual policy of life insurance issued to a debtor on a term plan; or

(2) a group policy of life insurance issued to a creditor on a term plan providing insurance on the lives of debtors.

Notes and commentary — not statutory text

History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1153.htm
Text hash: sha256 0c47674b13af261a969bd4d7ccd80a9454e1f76425a71ec9456568081bd51803
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

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.