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Texas Insurance Code - INS § 701.005. Gifts, Grants, and Donations

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The insurance fraud unit may accept gifts, grants, and donations to enable the fraud unit to perform its duties under this chapter.

(b) The insurance fraud unit may not accept gifts, grants, or donations from a regulated entity.

(c) All gifts, grants, or donations to the insurance fraud unit shall be:

(1) deposited to the credit of the department's operating account; and

(2) distributed to the insurance fraud unit to be used to perform its duties under this chapter.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 701.005. Gifts, Grants, and Donations - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-701-005/

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