79R475 AJA-F


By:  Taylor                                                       H.B. No. 935


A BILL TO BE ENTITLED
AN ACT
relating to minimum enrollment in certain group life insurance policies. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1131.204(a), Insurance Code, is amended to read as follows: (a) The policy must cover at least two [10] employees on the date the policy is issued. SECTION 2. The change in law made by this Act applies only to a group life insurance policy delivered, issued for delivery, or renewed on or after January 1, 2006. A group life insurance policy delivered, issued for delivery, or renewed before January 1, 2006, is governed by the law as it existed immediately before the effective date of this Act, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2005.