Texas § IN.559.055 - DISPUTE RESOLUTION
Full text of Texas The Texas Constitution § IN.559.055 — DISPUTE RESOLUTION, with citation guidance and answers to common questions.
§ IN.559.055. DISPUTE RESOLUTION
DISPUTE RESOLUTION; ERROR CORRECTION. (a) If it is determined through the dispute resolution process established under Section 611(a)(5), Fair Credit Reporting Act (15 U.S.C. Section 1681i), as amended, that the credit information of a current insured was inaccurate or incomplete or could not be verified and the insurer receives notice of that determination from the consumer reporting agency or from the insured, the insurer shall re-underwrite and re-rate the insured not later than the 30th day after the date the insurer receives the notice. (b) After re-underwriting or re-rating an insured under Subsection (a), an insurer shall make any adjustments necessary within 30 days, consistent with the insurer's underwriting and rating guidelines. If an insurer determines that the insured has overpaid premium, the insurer shall credit the insured the amount of overpayment. The insurer shall compute the overpayment back to the shorter of: (1) the last 12 months of coverage; or (2) the actual policy period. Added by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018 ), Sec. 11.020(a), eff. September 1, 2005.
Frequently Asked Questions About Texas § IN.559.055
What does The Texas Constitution § IN.559.055 cover?
Section IN.559.055 ("DISPUTE RESOLUTION") 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.559.055?
A common citation format is "The Texas Constitution § IN.559.055" (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.559.055 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.