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Statutes » Texas » Insurance Code » Chapter 425

Tex. Insurance Code § 425.056

This is the official text of Tex. Insurance Code § 425.056, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 425.056. LIMITATION ON LIABILITY FOR ACTUARIAL OPINION.

Official statutory text

(a) Except in cases of fraud or wilful misconduct or as provided by Subsection (b), a person who certifies an opinion under Section 425.054 or 425.0545 is not liable for damages to a person, other than the life insurance company covered by the opinion, for an act, error, omission, decision, or other conduct with respect to the person's opinion.

(b) Subsection (a) does not apply to an administrative penalty imposed under Chapter 84.

Status: in_force · Read it on the official government site

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