Sec. 1131.065. WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE. (a) Policies of wholesale, franchise, or employee life insurance may be issued to: (1) the employees of a common employer or employers; (2) the members of one or more labor unions; or (3) the members of one or more credit unions. (b) A policy to which this section applies is subject to Subchapter P.
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