Texas § IN.942.002 - SUBSCRIBER INSURANCE COVERAGE THROUGH EXCHANGE AUTHORIZED
Full text of Texas The Texas Constitution § IN.942.002 — SUBSCRIBER INSURANCE COVERAGE THROUGH EXCHANGE AUTHORIZED, with citation guidance and answers to common questions.
§ IN.942.002. SUBSCRIBER INSURANCE COVERAGE THROUGH EXCHANGE AUTHORIZED
SUBSCRIBER INSURANCE COVERAGE THROUGH EXCHANGE AUTHORIZED; LIFE INSURANCE PROHIBITED. (a) Except as provided by Subsection (c), subscribers of this state may exchange reciprocal or interinsurance contracts with other subscribers of this state or of another state or country to provide indemnity among those subscribers for a loss for which insurance coverage may be obtained under other law. (b) A public, private, or municipal corporation organized under the laws of this state may act as a subscriber, and the right to exchange a reciprocal or interinsurance contract is: (1) incidental to the purpose for which the corporation is organized; and (2) in addition to the corporate rights and powers expressly conferred in the corporation's articles of incorporation. (c) An exchange may not engage in the business of life insurance. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.942.002
What does The Texas Constitution § IN.942.002 cover?
Section IN.942.002 ("SUBSCRIBER INSURANCE COVERAGE THROUGH EXCHANGE AUTHORIZED") 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.942.002?
A common citation format is "The Texas Constitution § IN.942.002" (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.942.002 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.