Texas Insurance Code - Section 461.002. Disclosure Of Guaranty Fund Nonparticipation
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§ 461.002. DISCLOSURE OF GUARANTY FUND
NONPARTICIPATION. (a) Each insurance policy, contract,
certificate, evidence of coverage, or application subject to this
chapter must include a statement that, if the insurer is unable to
fulfill the insurer's contractual obligation under the policy,
contract, certificate, or evidence of coverage, the insurer is not
covered by an insurance guaranty fund or other solvency protection
arrangement.
(b) The statement must be in 10-point type and affixed to
the first page of the insurance policy, contract, certificate,
evidence of coverage, or application.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 442.753 442.754 442.801 442.802 442.803 442.804 461.001 461.002 461.003 462.001 462.002 462.003 462.004 462.005 462.006
Last modified: August 10, 2007
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