Texas Insurance Code 1104.005 – Rescission Because of Minority Prohibited
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Terms Used In Texas Insurance Code 1104.005
- Contract: A legal written agreement that becomes binding when signed.
A minor who acquires a policy or contract under this subchapter may not by reason of minority rescind, avoid, or repudiate:
(1) the policy or contract; or
(2) the exercise of a right or privilege, or the receipt of any benefit, under the policy or contract.