Tex. Ins. Code § 862.055 · Subchapter B. INSURANCE COVERAGE PROVIDED BY FIRE AND MARINE INSURANCE COMPANIES
FIRE INSURANCE: INTEREST OF MORTGAGEE OR TRUSTEE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The interest of a mortgagee or trustee under a fire insurance contract covering property located in this state may not be invalidated by:
(1) an act or neglect of the mortgagor or owner of the property; or
(2) the occurrence of a condition beyond the mortgagor's or owner's control.
(b) A provision of a contract that conflicts with Subsection (a) is void.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, 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.862.htm
- Text hash
- sha256 0b41e5cc8a2c807e655f497630f6cc977fc6e61677df24508c44281f755ffd1a
- 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.