Tex. Ins. Code § 1103.004

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1103.004 - Partnership or Partner As Beneficiary

A partnership or a member of a partnership may be designated as a beneficiary in a policy that insures the life of a member of the partnership.

Tex. Ins. Code § 1103.004

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.