Texas Insurance Code - Section 101.102. Unauthorized Insurance Prohibited
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§ 101.102. UNAUTHORIZED INSURANCE PROHIBITED. (a) A
person, including an insurer, may not directly or indirectly do an
act that constitutes the business of insurance under this chapter
except as authorized by statute.
(b) With respect to insurance of a subject that is resident,
located, or to be performed in this state, this section does not
prohibit an act performed outside this state, including the
collection of premiums, by a person, including an insurer,
authorized to do business in this state if the transaction and
insurance contract otherwise comply with statute.
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Section: 101.004 101.051 101.052 101.053 101.054 101.055 101.101 101.102 101.103 101.104 101.105 101.106 101.151 101.152 101.153
Last modified: August 11, 2007
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