Old | New | Differences | |
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1 | 1 | 86R11531 SMT-F | |
2 | 2 | By: Menéndez S.B. No. 2408 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to operating requirements for farm mutual insurance | |
8 | 8 | companies related to insurance in force on rural property. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 911.301(a), Insurance Code, is amended | |
11 | 11 | to read as follows: | |
12 | 12 | (a) In this section, "rural property" means property | |
13 | 13 | located in: | |
14 | 14 | (1) [outside an area of land subject to the taxing | |
15 | 15 | authority of] a municipality with a population of 50,000 or less; | |
16 | 16 | (2) an area that is not designated as urbanized by the | |
17 | 17 | United States Bureau of the Census; or | |
18 | 18 | (3) an unincorporated area of a county [more than | |
19 | 19 | 2,500]. | |
20 | 20 | SECTION 2. This Act takes effect September 1, 2019. |