Tex. Ins. Code § 541.056. Prohibited Rebates and Inducements: Unfair Methods of Competition and Unfair or Deceptive Acts or Practices Defined – Texas
Status: EnactedYear Enacted: 2003
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Defines an unfair method of competition and a deceptive practice to be make accident or health insurance contracts and offer those contracts in exchange for shares of stock or securities in a company.
Key Issues:
Competition
HEALTHCARE MARKETS
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