Tex. Insurance Code § 1102.003
This is the official text of Tex. Insurance Code § 1102.003, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1102.003. STATEMENT REGARDING VALUE OF FOREIGN CURRENCY.
Official statutory text
(a) An insurance policy described by Section 1102.002 providing that benefits are payable in foreign currency must include a conspicuous statement that the value of the currency denominated in the policy can fluctuate as compared to the value of United States currency.
(b) The statement must be:
(1) included as part of the policy; or
(2) attached to the insurance policy at the time it is issued.
(b) The statement must be:
(1) included as part of the policy; or
(2) attached to the insurance policy at the time it is issued.
Status: in_force · Read it on the official government site
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