Texas Insurance Code 1115.004 – No Cause of Action Created
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Terms Used In Texas Insurance Code 1115.004
- Fiduciary: A trustee, executor, or administrator.
- Rule: includes regulation. See Texas Government Code 311.005
This chapter may not be construed to create or imply a private cause of action against an agent or insurer or to subject an agent or insurer to civil liability for a violation of:
(1) this chapter or a rule adopted under this chapter; or
(2) a standard governing the conduct of a fiduciary or a fiduciary relationship.
