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A BILL TO BE ENTITLED
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AN ACT
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relating to the provision of uninsured or underinsured motorist |
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coverage in automobile liability insurance policies. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 912.002(b), Insurance Code, is amended |
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to read as follows: |
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(b) A county mutual insurance company is subject to: |
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(1) Sections 38.001, 401.051, 401.052, |
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401.054-401.062, 401.151, 401.152, 401.155, 401.156, 501.159, |
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501.202, 501.203, 822.204, 1806.001, 1806.101, 1806.103(b), |
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1806.104-1806.107, 1953.051(b), 2002.002, and 2002.005; |
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(2) Subchapter A, Chapter 86; |
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(3) Subchapter A, Chapter 401; |
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(4) the provisions of Subchapter B, Chapter 424, other |
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than Sections 424.052, 424.072, and 424.073; |
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(5) Chapters 221, 251, 252, 254, 541, and 2210; [and] |
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(6) Subchapter C, Chapter 1952; and |
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(7) Articles 5.39 and 5.40. |
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SECTION 2. Section 2301.053(b), Insurance Code, is amended |
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to read as follows: |
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(b) Each form for a personal automobile insurance policy |
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must provide the coverages mandated under: |
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(1) Subchapter [Subchapters] C, Chapter 1952; and |
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(2) Subchapter D, Chapter 1952, unless the coverage is |
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[coverages are] rejected by the named insured in the manner |
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provided by that subchapter [those subchapters]. |
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SECTION 3. Section 1952.101(c), Insurance Code, is |
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repealed. |
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SECTION 4. The change in law made by this Act applies only |
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to an insurance policy that is delivered, issued for delivery, or |
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renewed on or after January 1, 2024. A policy delivered, issued for |
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delivery, or renewed before January 1, 2024, is governed by the law |
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as it existed immediately before the effective date of this Act, and |
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that law is continued in effect for that purpose. |
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SECTION 5. This Act takes effect September 1, 2023. |