Tex. Insurance Code § 547.051
This is the official text of Tex. Insurance Code § 547.051, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 547.051. ACTS PROHIBITED.
Official statutory text
(a) This section applies only to an insurer's misrepresentation of:
(1) the insurer's financial condition;
(2) the terms of an existing or future contract;
(3) the benefits or advantages promised by an existing or future contract; or
(4) the dividends or share of surplus to be received on an existing or future contract.
(b) An unauthorized alien or foreign insurer may not:
(1) make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541; or
(2) cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541.
(1) the insurer's financial condition;
(2) the terms of an existing or future contract;
(3) the benefits or advantages promised by an existing or future contract; or
(4) the dividends or share of surplus to be received on an existing or future contract.
(b) An unauthorized alien or foreign insurer may not:
(1) make, issue, circulate, or cause to be made, issued, or circulated to a resident of this state a misrepresentation in an advertisement, estimate, illustration, circular, pamphlet, or letter that violates Chapter 541; or
(2) cause to be made to a resident of this state in a newspaper, magazine, or other publication, or over a radio or television station, a misrepresentation in an announcement or statement that violates Chapter 541.
Status: in_force · Read it on the official government site
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