Tex. Insurance Code § 1810.002
PROGRAM NOT INSURANCE; NOT COVERED BY GUARANTY ASSOCIATION
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 1810.002, PROGRAM NOT INSURANCE; NOT COVERED BY GUARANTY ASSOCIATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/683574
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Full text
A promotional event prize program does not constitute the business of insurance in this state. A person's claim for performance under a contract for a promotional event prize program is not a covered claim under Chapter 462 and a promotional event prize program is not covered by the Texas Property and Casualty Insurance Guaranty Association or any other state guaranty association.