S.B. No. 88
relating to minimum enrollment in certain group life insurance
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (a), Section 1131.204, 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
SECTION 3. This Act takes effect September 1, 2005.
President of the Senate Speaker of the House
I hereby certify that S.B. No. 88 passed the Senate on
March 17, 2005, by the following vote: Yeas 31, Nays 0.
Secretary of the Senate
I hereby certify that S.B. No. 88 passed the House on
March 31, 2005, by a non-record vote.
Chief Clerk of the House