Texas § 1115.0506 TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER.

Texas Statutes

§ 1115.0506 — TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER.

Texas § 1115.0506

Code INInsurance Code

This text of Texas § 1115.0506 (TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 1115.0506 (2026).

Text

Sec. 1115.0506. TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER. An agent does not have an obligation to a consumer under Section 1115.0513 if:

(1)the agent does not make a recommendation;

(2)the agent makes a recommendation based on materially inaccurate information provided by the consumer;

(3)the consumer refuses to provide consumer profile information; or

(4)the consumer enters into an annuity transaction that is not based on the recommendation from the agent or the insurer.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1115.0506. TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER. An agent does not have an obligation to a consumer under Section 1115.0513 if:
(1) the agent does not make a recommendation;
(2) the agent makes a recommendation based on materially inaccurate information provided by the consumer;
(3) the consumer refuses to provide consumer profile information; or
(4) the consumer enters into an annuity transaction that is not based on the recommendation from the agent or the insurer.