Texas § IN.462.007 - APPLICABILITY IN GENERAL

Full text of Texas The Texas Constitution § IN.462.007 — APPLICABILITY IN GENERAL, with citation guidance and answers to common questions.

§ IN.462.007. APPLICABILITY IN GENERAL

APPLICABILITY IN GENERAL; EXCEPTIONS. (a) Except as provided by Subsection (b), this chapter applies to each kind of direct insurance. (b) Except as provided by Subchapter F, this chapter does not apply to: (1) life, annuity, health, or disability insurance; (2) mortgage guaranty, financial guaranty, or other kinds of insurance offering protection against investment risks; (3) a fidelity or surety bond, or any other bonding obligation; (4) credit insurance, vendors' single-interest insurance, collateral protection insurance, or similar insurance protecting a creditor's interest arising out of a creditor-debtor transaction; (5) insurance of warranties or service contracts; (6) title insurance; (7) ocean marine insurance; (8) a transaction or combination of transactions between a person, including an affiliate of the person, and an insurer, including an affiliate of the insurer, that involves the transfer of investment or credit risk unaccompanied by the transfer of insurance risk, including transactions, except for workers' compensation insurance, involving captive insurers, policies in which deductible or self-insured retention is substantially equal in amount to the limit of the liability under the policy, and transactions in which the insured retains a substantial portion of the risk; or (9) insurance provided by or guaranteed by government. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 3B.005(a), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.005(a), eff. September 1, 2007.

Frequently Asked Questions About Texas § IN.462.007

What does The Texas Constitution § IN.462.007 cover?

Section IN.462.007 ("APPLICABILITY IN GENERAL") 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.462.007?

A common citation format is "The Texas Constitution § IN.462.007" (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.462.007 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.