Tex. Ins. Code § 547.051 · Subchapter B. PROHIBITION; ENFORCEMENT
ACTS PROHIBITED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This section applies only to an insurer's misrepresentation of:
(1) the insurer's financial condition;
(2) the terms of an existing or future contract;
(3) the benefits or advantages promised by an existing or future contract; or
(4) the dividends or share of surplus to be received on an existing or future contract.
(b) An unauthorized alien or foreign insurer may not:
(1) make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541; or
(2) cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.547.htm
- Text hash
- sha256 2ed6beebe2931b78580f216b88271a43af6f5a71756553c464e463052349943a
- 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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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.