Tex. Insurance Code § 884.255
This is the official text of Tex. Insurance Code § 884.255, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 884.255. USE OF CERTAIN TERMS IN ADVERTISING.
Official statutory text
A stipulated premium company may not use in its advertising or representation of a policy the words "legal reserve company," "stock company," "old line legal reserve company," or words of similar meaning that might lead the public to believe that a policy provides nonforfeiture values.
Status: in_force · Read it on the official government site
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