Texas § IN.1101.203 - APPLICABILITY
Full text of Texas The Texas Constitution § IN.1101.203 — APPLICABILITY, with citation guidance and answers to common questions.
§ IN.1101.203. APPLICABILITY
APPLICABILITY. (a) This subchapter applies to a life insurance policy issued by an insurer, as defined by Section 1102.001 , that contains non-guaranteed charges that may change at the discretion of the insurer. (b) This subchapter does not apply to: (1) group life insurance without separately identifiable accounts for insureds; (2) a life insurance policy in which the insurer assumes all risk and contractually guarantees a death benefit in exchange for a guaranteed premium set at the time of the policy's issuance; (3) an individual or group annuity contract; (4) credit life insurance; (5) a life insurance policy with no illustrated death benefits on any individual exceeding $10,000; (6) a bank-owned or corporate-owned life insurance policy; or (7) a life insurance policy that does not provide for cash values or nonforfeiture values. Added by Acts 2019, 86th Leg., R.S., Ch. 1026 (H.B. 207 ), Sec. 1, eff. September 1, 2019.
Frequently Asked Questions About Texas § IN.1101.203
What does The Texas Constitution § IN.1101.203 cover?
Section IN.1101.203 ("APPLICABILITY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1101.203?
A common citation format is "The Texas Constitution § IN.1101.203" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1101.203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.