Tex. Ins. Code § 2054.303 · Subchapter G. ISSUANCE OF COVERAGE

DENIAL OF COVERAGE BASED ON CREDIT RISK.

Verbatim from the official edition

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

The company may refuse to write insurance coverage for an applicant that the company identifies as a credit risk unless the applicant, before a policy is issued:

(1) pays the total estimated premium and related charges; or

(2) provides security for payment of the total estimated premium and related charges.

Notes and commentary — not statutory text

History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2054.htm
Text hash: sha256 dc79ecd348cfd812042ed84d9b292ea4b8da38e11bd600b750451898a8e990e1
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.