Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 28. INSURANCE |
PART 1. TEXAS DEPARTMENT OF INSURANCE |
CHAPTER 4. LIFE AND ANNUITY |
SUBCHAPTER J. INDETERMINATE PREMIUM REDUCTION POLICIES |
SECTION 4.1007. Reclassification of Policyholders
Latest version.
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No insurer may, for premium redetermination purposes, reclassify into subclasses or new classes the original class established for an indeterminate premium reduction policy at date of issue.
Source Note: The provisions of this §4.1007 adopted to be effective May 8, 1980, 5 TexReg 1579; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127