Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 7. LIFE INSURANCE AND ANNUITIES |
Subtitle B. GROUP LIFE INSURANCE |
Chapter 1131. GROUP LIFE INSURANCE AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE |
Subchapter B. GROUP AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE: ELIGIBLE POLICYHOLDERS |
Sec. 1131.065. WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE
Latest version.
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(a) Policies of wholesale, franchise, or employee life insurance may be issued to:
(1) the employees of a common employer or employers;
(2) the members of one or more labor unions; or
(3) the members of one or more credit unions.
(b) A policy to which this section applies is subject to Subchapter P.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.