Tex. Insurance Code § 562.054
This is the official text of Tex. Insurance Code § 562.054, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 562.054. MISREPRESENTATION OF DISCOUNT HEALTH CARE PROGRAMS.
Official statutory text
It is an unfair method of competition or an unfair or deceptive act or practice in the business of discount health care programs to misrepresent a discount health care program by:
(1) making an untrue statement of material fact;
(2) failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;
(3) making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;
(4) making a material misstatement of law; or
(5) failing to disclose a matter required by law to be disclosed, including failing to make an applicable disclosure required by this code.
(1) making an untrue statement of material fact;
(2) failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;
(3) making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;
(4) making a material misstatement of law; or
(5) failing to disclose a matter required by law to be disclosed, including failing to make an applicable disclosure required by this code.
Status: in_force · Read it on the official government site
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