Texas § 706.003 ELIGIBLE POLICYHOLDERS.

Texas Statutes

§ 706.003 — ELIGIBLE POLICYHOLDERS.

Texas § 706.003

Code INInsurance Code

This text of Texas § 706.003 (ELIGIBLE POLICYHOLDERS.) 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. § 706.003 (2026).

Text

Sec. 706.003. ELIGIBLE POLICYHOLDERS.

(a)An insurer may issue coverage authorized under Section 706.002 to:

(1)an individual; or

(2)a group, business, employer, association, trustee, or other entity for the benefit of its members, customers, employees, members, or beneficiaries.

(b)An entity described by Subsection (a)(2) may be a group that:

(1)is formed solely for the purpose of obtaining insurance coverage under this chapter; or

(2)has already been formed for a purpose other than for obtaining insurance coverage under this chapter and that is described by Subsection (a)(2).

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Sec. 706.003. ELIGIBLE POLICYHOLDERS. (a) An insurer may issue coverage authorized under Section 706.002 to:
(1) an individual; or
(2) a group, business, employer, association, trustee, or other entity for the benefit of its members, customers, employees, members, or beneficiaries.
(b) An entity described by Subsection (a)(2) may be a group that:
(1) is formed solely for the purpose of obtaining insurance coverage under this chapter; or
(2) has already been formed for a purpose other than for obtaining insurance coverage under this chapter and that is described by Subsection (a)(2).