Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 7. VEHICLES AND TRAFFIC |
Subtitle D. MOTOR VEHICLE SAFETY RESPONSIBILITY |
Chapter 601. MOTOR VEHICLE SAFETY RESPONSIBILITY ACT |
Subchapter D. ESTABLISHMENT OF FINANCIAL RESPONSIBILITY THROUGH MOTOR VEHICLE LIABILITY INSURANCE |
Sec. 601.077. REQUIRED TERMS: OPERATOR'S POLICY
Latest version.
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An operator's motor vehicle liability insurance policy must pay, on behalf of the named insured, amounts the insured becomes obligated to pay as damages arising out of the use by the insured of a motor vehicle the insured does not own, subject to the same territorial limits, payment limits, and exclusions as for an owner's policy under Section 601.076.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.