Texas Insurance Code 553.002 – Suspension of Limitations Period
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(a) Notwithstanding any other law, a Holocaust victim, or the heir, assignee, beneficiary, or successor of a Holocaust victim, who resides in this state and has a claim arising out of an insurance policy purchased or in effect in Europe before 1946 that was delivered, issued for delivery, or renewed by an insurer may bring an action in this state against an insurer to recover on that claim.
(b) An action brought under this section before December 31, 2012, may not be dismissed for failure to comply with any applicable limitations period.
Terms Used In Texas Insurance Code 553.002
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC