Tex. Insurance Code § 1108.053
This is the official text of Tex. Insurance Code § 1108.053, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1108.053. EXCEPTIONS TO EXEMPTIONS.
Official statutory text
The exemptions provided by Section 1108.051 do not apply to:
(1) a premium payment made in fraud of a creditor, subject to the applicable statute of limitations for recovering the payment;
(2) a debt of the insured or beneficiary secured by a pledge of the insurance policy or the proceeds of the policy; or
(3) a child support lien or levy under Chapter 157, Family Code.
(1) a premium payment made in fraud of a creditor, subject to the applicable statute of limitations for recovering the payment;
(2) a debt of the insured or beneficiary secured by a pledge of the insurance policy or the proceeds of the policy; or
(3) a child support lien or levy under Chapter 157, Family Code.
Status: in_force · Read it on the official government site
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