Tex. Insurance Code § 912.155
REPAIR OR REPLACEMENT OF INSURED PROPERTY
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 912.155, REPAIR OR REPLACEMENT OF INSURED PROPERTY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680424
- Permanent ID
ys:prov:680424@1- SHA-256
4134317c295e56c9fef577f960f913cd38d0c9afe7e6de9201c3ebeae1ae53b0
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The county mutual insurance company's bylaws may authorize the company to require, at its option, that all or a percentage of the money paid for a loss be used to replace or repair the damaged or destroyed property. The requirement may apply equally to personal and real property, including personal and real property exempt from execution, such as a homestead or a building on the homestead. The company may provide in its bylaws that the requirements of Section 862.053 do not apply to its insurance policies.
(b) This section does not apply to a company that meets the requirements of Section 912.308(a)(3), but such a company is subject to Sections 883.154, 883.155, and 883.156.