Texas 2019 - 86th Regular

Texas Senate Bill SB2408 Latest Draft

Bill / Introduced Version Filed 03/08/2019

                            86R11531 SMT-F
 By: Menéndez S.B. No. 2408


 A BILL TO BE ENTITLED
 AN ACT
 relating to operating requirements for farm mutual insurance
 companies related to insurance in force on rural property.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 911.301(a), Insurance Code, is amended
 to read as follows:
 (a)  In this section, "rural property" means property
 located in:
 (1)  [outside an area of land subject to the taxing
 authority of] a municipality with a population of 50,000 or less;
 (2)  an area that is not designated as urbanized by the
 United States Bureau of the Census; or
 (3)  an unincorporated area of a county [more than
 2,500].
 SECTION 2.  This Act takes effect September 1, 2019.