Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1110.001 - Definitions In this chapter:
(1) "Life insurance policy" includes: (A) a benefit certificate issued by a fraternal benefit society; or(B) an annuity contract that provides for a policy loan.(2) "Policy loan" includes any premium loan made under a life insurance policy to pay one or more premiums not paid to the life insurer when due.Tex. Ins. Code § 1110.001
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.