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Tex. Insurance Code § 1115.0506

TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 1115.0506, TRANSACTIONS NOT BASED ON RECOMMENDATION; CERTAIN EXEMPTIONS FROM SUBCHAPTER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/681017
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An agent does not have an obligation to a consumer under Section 1115.0513 if: (1) the agent does not make a recommendation; (2) the agent makes a recommendation based on materially inaccurate information provided by the consumer; (3) the consumer refuses to provide consumer profile information; or (4) the consumer enters into an annuity transaction that is not based on the recommendation from the agent or the insurer.