Bill Text: TX SB1568 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the minimum required term for personal automobile insurance policies used to demonstrate proof of financial responsibility.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-03-19 - Referred to Business & Commerce [SB1568 Detail]
Download: Texas-2013-SB1568-Introduced.html
83R5978 MEW-D | ||
By: Davis | S.B. No. 1568 |
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relating to the minimum required term for personal automobile | ||
insurance policies used to demonstrate proof of financial | ||
responsibility. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 1952.054, Insurance Code, is amended to | ||
read as follows: | ||
Sec. 1952.054. REQUIRED DISCLOSURES REGARDING CERTAIN | ||
SHORT-TERM POLICIES. (a) An insurance policy or other document | ||
evidencing proof of purchase of a personal automobile insurance | ||
policy written for a term of less than 180 [ |
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to obtain an original or renewal driver's license, an automobile | ||
registration or license plates, or a motor vehicle inspection | ||
certificate. An insurance policy or other document described by | ||
this subsection must contain the following statement: | ||
TEXAS LAW PROHIBITS USE OF THIS DOCUMENT TO OBTAIN A | ||
MOTOR VEHICLE INSPECTION CERTIFICATE, AN ORIGINAL OR | ||
RENEWAL DRIVER'S LICENSE, OR AN AUTOMOBILE | ||
REGISTRATION OR LICENSE PLATES. | ||
(b) Before accepting any premium or fee for a personal | ||
automobile insurance policy or binder for a term of less than 180 | ||
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disclosure to the applicant or insured: | ||
TEXAS LAW PROHIBITS USE OF THIS POLICY OR BINDER TO | ||
OBTAIN A MOTOR VEHICLE INSPECTION CERTIFICATE, AN | ||
ORIGINAL OR RENEWAL DRIVER'S LICENSE, OR AN AUTOMOBILE | ||
REGISTRATION OR LICENSE PLATES. | ||
SECTION 2. Section 1952.054, Insurance Code, as amended by | ||
this Act, applies only to a personal automobile insurance policy | ||
that is delivered, issued for delivery, or renewed on or after | ||
January 1, 2014. A personal automobile insurance policy that is | ||
delivered, issued for delivery, or renewed before January 1, 2014, | ||
is covered by the law in effect at the time the policy was | ||
delivered, issued for delivery, or renewed, and that law is | ||
continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2013. |