Each benefit payable under an insurance policy delivered, issued, or used in this state by an insurer shall be payable in currency.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.
Insurance Code › Title 7 › Chapter 1102
Texas Insurance Code § 1102.002
Benefits Payable in Currency
Payment of Insurance Benefits in Currency
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.