Texas § 2301.004 EXEMPTION FOR LARGE RISKS.

Texas Statutes

§ 2301.004 — EXEMPTION FOR LARGE RISKS.

Texas § 2301.004

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 2301.004 (2026).

Text

Sec. 2301.004. EXEMPTION FOR LARGE RISKS. Sections 2301.006 , 2301.007 (a) and (b), and 2301.008 do not apply to forms for use with an insured that has:

(1)total insured property values of $5 million or more;

(2)total annual gross revenues of $10 million or more; or

(3)a total premium of $25,000 or more for property insurance, $25,000 or more for general liability insurance, or $50,000 or more for multiperil insurance.

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Sec. 2301.004. EXEMPTION FOR LARGE RISKS. Sections 2301.006 , 2301.007 (a) and (b), and 2301.008 do not apply to forms for use with an insured that has:
(1) total insured property values of $5 million or more;
(2) total annual gross revenues of $10 million or more; or
(3) a total premium of $25,000 or more for property insurance, $25,000 or more for general liability insurance, or $50,000 or more for multiperil insurance.