Texas § 556.152 PROMOTIONAL MATERIALS DISCLOSURE.

Texas Statutes

§ 556.152 — PROMOTIONAL MATERIALS DISCLOSURE.

Texas § 556.152

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 556.152 (2026).

Text

Sec. 556.152. PROMOTIONAL MATERIALS DISCLOSURE.

(a)This section applies to each agent that is a depository institution or that, on the premises of a depository institution or in connection with a product offering of a depository institution, sells or solicits the purchase of insurance recommended or sponsored by the depository institution.

(b)Promotional materials relating to an insurance product distributed to a customer or potential customer must clearly disclose that an insurance product sold through an agent affiliated with a depository institution:

(1)is not insured by the Federal Deposit Insurance Corporation;

(2)is not issued, guaranteed, or underwritten by the depository institution or the Federal Deposit Insurance Corporation; and

(3)involves investment risk, if appropriate,

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Sec. 556.152. PROMOTIONAL MATERIALS DISCLOSURE. (a) This section applies to each agent that is a depository institution or that, on the premises of a depository institution or in connection with a product offering of a depository institution, sells or solicits the purchase of insurance recommended or sponsored by the depository institution.
(b) Promotional materials relating to an insurance product distributed to a customer or potential customer must clearly disclose that an insurance product sold through an agent affiliated with a depository institution:
(1) is not insured by the Federal Deposit Insurance Corporation;
(2) is not issued, guaranteed, or underwritten by the depository institution or the Federal Deposit Insurance Corporation; and
(3) involves investment risk, if appropriate, including potential loss of principal.