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 I. GROUP LIFE INSURANCE POLICIES ISSUED TO PRINCIPALS: ADDITIONAL REQUIREMENTS |
Sec. 1131.405. AMOUNTS OF INSURANCE
Latest version.
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(a) The amounts of insurance under the policy must be based on a plan that precludes individual selection by the agents or by the principal.
(b) Repealed by Acts 2005, 79th Leg., Ch. 496, Sec. 2(3), eff. June 17, 2005.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by: Acts 2005, 79th Leg., Ch. 496 , Sec. 2(3), eff. June 17, 2005.