Texas § 751.302 CONFLICT OF INTEREST.

Texas Statutes

§ 751.302 — CONFLICT OF INTEREST.

Texas § 751.302

Code INInsurance Code

This text of Texas § 751.302 (CONFLICT OF INTEREST.) 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. § 751.302 (2026).

Text

Sec. 751.302. CONFLICT OF INTEREST.

(a)An individual who is a member of the market conduct surveillance personnel has a conflict of interest, either directly or indirectly, if the individual is affiliated with the management of, has been employed by, or owns a pecuniary interest in an insurer subject to an examination conducted under this chapter.

(b)This section may not be construed to automatically preclude the individual from being:

(1)a policyholder or claimant under an insurance policy;

(2)a grantee of a mortgage or similar instrument on the individual's residence from a regulated entity if done under customary terms and in the ordinary course of business;

(3)an investment owner in shares of regulated diversified investment companies; or

(4)a settlor or beneficiary of a blind tr

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

Sec. 751.302. CONFLICT OF INTEREST. (a) An individual who is a member of the market conduct surveillance personnel has a conflict of interest, either directly or indirectly, if the individual is affiliated with the management of, has been employed by, or owns a pecuniary interest in an insurer subject to an examination conducted under this chapter.
(b) This section may not be construed to automatically preclude the individual from being:
(1) a policyholder or claimant under an insurance policy;
(2) a grantee of a mortgage or similar instrument on the individual's residence from a regulated entity if done under customary terms and in the ordinary course of business;
(3) an investment owner in shares of regulated diversified investment companies; or
(4) a settlor or beneficiary of a blind trust into which any otherwise permissible holdings have been placed.