Texas § IN.2006.054 - LIMIT ON PREMIUM DISCOUNT
Full text of Texas The Texas Constitution § IN.2006.054 — LIMIT ON PREMIUM DISCOUNT, with citation guidance and answers to common questions.
§ IN.2006.054. LIMIT ON PREMIUM DISCOUNT
LIMIT ON PREMIUM DISCOUNT. An insurer that provides a premium discount under Section 2006.052 is not required to provide the discount in an amount that exceeds 10 percent of the premiums that would otherwise be charged for the residential property insurance policy. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 2, eff. April 1, 2007. Amended by: Acts 2015, 84th Leg., R.S., Ch. 569 (H.B. 2776 ), Sec. 3, eff. September 1, 2015.
Frequently Asked Questions About Texas § IN.2006.054
What does The Texas Constitution § IN.2006.054 cover?
Section IN.2006.054 ("LIMIT ON PREMIUM DISCOUNT") 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.2006.054?
A common citation format is "The Texas Constitution § IN.2006.054" (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.2006.054 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.