Texas Insurance Code 2301.054 – Certain Contracts or Agreements Prohibited; Revocation of Certificate of Authority
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(a) A contract or agreement that is not written into an application for personal automobile insurance coverage and the personal automobile insurance policy is void and violates this code.
(b) A contract or agreement described by Subsection (a) constitutes grounds for the revocation of an insurer’s certificate of authority to write personal automobile insurance in this state.
Terms Used In Texas Insurance Code 2301.054
- Contract: A legal written agreement that becomes binding when signed.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005