87R579 SCL-D
By: Raymond H.B. No. 643
A BILL TO BE ENTITLED
AN ACT
relating to disclosure of a beneficiary to a funeral director under
a life insurance policy.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 1103, Insurance Code, is amended by
adding Subchapter E to read as follows:
SUBCHAPTER E. DISCLOSURE OF BENEFICIARY
Sec. 1103.201. APPLICABILITY OF SUBCHAPTER. This
subchapter applies to a life insurance company that:
(1) issues or delivers a life insurance policy in this
state; or
(2) is organized under the laws of this state.
Sec. 1103.202. FUNERAL DIRECTORS. If a funeral director
licensed under Chapter 651, Occupations Code, is directing an
insured's funeral, a life insurance company shall disclose the
beneficiary of the insured's life insurance policy to the director
on the director's request.
SECTION 2. This Act takes effect September 1, 2021.