Texas Statutes
§ 911.152 — PROPERTY AND HAZARDS AGAINST WHICH COMPANY MAY NOT INSURE.
Texas § 911.152
JurisdictionTexas
Code INInsurance Code
This text of Texas § 911.152 (PROPERTY AND HAZARDS AGAINST WHICH COMPANY MAY NOT INSURE.) 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. § 911.152 (2026).
Text
Sec. 911.152. PROPERTY AND HAZARDS AGAINST WHICH COMPANY MAY NOT INSURE.
(a)A farm mutual insurance company may not insure:
(1)a building, or the building's contents, with more than 40 percent of the building's floor space or more than 500 square feet of floor space, whichever is less, used for business purposes, except as provided by Section 911.151 (b)(3); or
(2)any type of commercial or private passenger motor vehicle, except as provided by Section 911.151 (b)(4).
(b)A farm mutual insurance company may not assume or issue an insurance policy that:
(1)indemnifies an insured for liability to a third party the insured incurs in committing a tortious act; or
(2)covers an insured for liability the insured incurs under a contract to maintain, hold, or store property belonging to another
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 911.003
FEES.§ 911.053
INCORPORATION REQUIREMENTS.§ 911.058
MEMBERSHIP CONTROL OF COMPANY.§ 911.061
AUTHORITY TO BORROW MONEY.§ 911.062
REMOVAL OF OFFICER OR DIRECTOR.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 911.152, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/911.152.