Tex. Ins. Code Section 542.004
Examination of Tax Returns Prohibited


(a)

An insurer regulated under this code may not require a claimant, as a condition of settling a claim, to produce the claimant’s federal income tax returns for examination or investigation by the insurer unless:

(1)

the claimant is ordered to produce the tax returns by a court; or

(2)

the claim involves:

(A)

a fire loss; or

(B)

a loss of profits or income.

(b)

An insurer that violates this section commits:

(1)

a prohibited practice under this subchapter; and

(2)

a deceptive trade practice under Subchapter E (Short Title), Chapter 17 (Deceptive Trade Practices), Business & Commerce Code.

(c)

A claimant affected by a violation of this section is entitled to remedies under Subchapter E (Short Title), Chapter 17 (Deceptive Trade Practices), Business & Commerce Code.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Source: Section 542.004 — Examination of Tax Returns Prohibited, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­542.­htm#542.­004 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 542.004’s source at texas​.gov