Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 542.004 - Examination of Tax Returns Prohibited(a) An insurer regulated under this code may not require a claimant, as a condition of settling a claim, to produce the claimant's federal income tax returns for examination or investigation by the insurer unless: (1) the claimant is ordered to produce the tax returns by a court; or(2) the claim involves:(B) a loss of profits or income.(b) An insurer that violates this section commits:(1) a prohibited practice under this subchapter; and(2) a deceptive trade practice under Subchapter E, Chapter 17, Business & Commerce Code.(c) A claimant affected by a violation of this section is entitled to remedies under Subchapter E, Chapter 17, Business & Commerce Code.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.