Texas § IN.884.402 - ADDITIONAL COVERAGE
Full text of Texas The Texas Constitution § IN.884.402 — ADDITIONAL COVERAGE, with citation guidance and answers to common questions.
§ IN.884.402. ADDITIONAL COVERAGE
ADDITIONAL COVERAGE. A stipulated premium company that, at the time it begins to issue coverages under this subchapter, possesses the amounts of capital and unencumbered surplus equal to or greater than the corresponding amounts required for organization of a life and health company under Sections 841.052 , 841.054 , 841.204 , 841.205 , 841.301 , and 841.302 may, subject to Section 884.403 : (1) issue any kind of life insurance coverage authorized by Chapter 3, 841 , or 1701 or Title 7; (2) issue any kind of health or accident insurance coverage authorized by: (A) Title 7; (B) Chapter 3, 704 , 841 , 846 , 982 , 1201 , 1202 , 1203 , 1210 , 1251 , 1252 , 1253 , 1254 , 1301 , 1351 , 1354 , 1359 , 1364 , 1368 , 1501 , 1504 , 1505 , 1552 , 1575 , 1576 , 1579 , 1581 , 1625 , 1651 , 1652 , or 1701 ; (C) Chapter 493 , other than Section 493.051 (b); (D) Subchapter B , Chapter 38 , Subchapter D, Chapter 425 , Subchapter A or F, Chapter 1204 , Subchapter A , Chapter 1273 , Subchapter A , B, or D, Chapter 1355 , Subchapter A , Chapter 1366 , or Subchapter A , Chapter 1507 ; (E) Section 1204.151 , 1204.153 , 1204.154 , or 1451.051 ; or (F) Chapter 177 , Local Government Code; or (3) issue life insurance coverage through policies without cash surrender values or nonforfeiture values and that exceed $10,000 on one life. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 2E.086, eff. April 1, 2009. Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070 ), Sec. 3.11, eff. September 1, 2017.
Frequently Asked Questions About Texas § IN.884.402
What does The Texas Constitution § IN.884.402 cover?
Section IN.884.402 ("ADDITIONAL COVERAGE") 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.884.402?
A common citation format is "The Texas Constitution § IN.884.402" (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.884.402 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.