Sec. 1201.010. THIRD-PARTY OWNERSHIP OF POLICY. The use of "insured" in this chapter does not prevent a person with an insurable interest, other than the insured, from: (1) applying for and owning an individual accident and health insurance policy covering the insured; or (2) being entitled to an indemnity, right, or benefit provided for in an individual accident and health insurance policy covering the insured.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.