Tex. Insurance Code § 1131.102
This is the official text of Tex. Insurance Code § 1131.102, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1131.102. NONFORFEITURE.
Official statutory text
(a) A group life insurance policy other than a group term life insurance policy must contain nonforfeiture provisions that, in the commissioner's opinion, are equitable to the insured and the policyholder.
(b) This section does not require that a group life insurance policy contain the same nonforfeiture provisions as required for an individual life insurance policy.
(b) This section does not require that a group life insurance policy contain the same nonforfeiture provisions as required for an individual life insurance policy.
Status: in_force · Read it on the official government site
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