Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 5. PROTECTION OF CONSUMER INTERESTS |
Subtitle F. INSURANCE FRAUD AND IDENTITY THEFT |
Chapter 706. IDENTITY THEFT INSURANCE |
Sec. 706.003. ELIGIBLE POLICYHOLDERS
Latest version.
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(a) An insurer may issue coverage authorized under Section 706.002 to:
(1) an individual; or
(2) a group, business, employer, association, trustee, or other entity for the benefit of its members, customers, employees, members, or beneficiaries.
(b) An entity described by Subsection (a)(2) may be a group that:
(1) is formed solely for the purpose of obtaining insurance coverage under this chapter; or
(2) has already been formed for a purpose other than for obtaining insurance coverage under this chapter and that is described by Subsection (a)(2).
Added by Acts 2005, 79th Leg., Ch. 102 , Sec. 3, eff. September 1, 2005.