Tex. Insurance Code § 1111A.024
This is the official text of Tex. Insurance Code § 1111A.024, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1111A.024. PENALTIES.
Official statutory text
(a) It is a violation of this chapter for any person, provider, broker, or any other party related to the business of life settlements to commit a fraudulent life settlement act.
(b) A person who knowingly, recklessly, or intentionally commits a fraudulent life settlement act commits a criminal offense and is subject to penalties under Chapter 35, Penal Code.
(c) Subtitle B, Title 2, applies to a violation of this chapter.
(b) A person who knowingly, recklessly, or intentionally commits a fraudulent life settlement act commits a criminal offense and is subject to penalties under Chapter 35, Penal Code.
(c) Subtitle B, Title 2, applies to a violation of this chapter.
Status: in_force · Read it on the official government site
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