Tex. Ins. Code Section 556.152
Promotional Materials Disclosure


This section applies to each agent that is a depository institution or that, on the premises of a depository institution or in connection with a product offering of a depository institution, sells or solicits the purchase of insurance recommended or sponsored by the depository institution.


Promotional materials relating to an insurance product distributed to a customer or potential customer must clearly disclose that an insurance product sold through an agent affiliated with a depository institution:


is not insured by the Federal Deposit Insurance Corporation;


is not issued, guaranteed, or underwritten by the depository institution or the Federal Deposit Insurance Corporation; and


involves investment risk, if appropriate, including potential loss of principal.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Source: Section 556.152 — Promotional Materials Disclosure, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­556.­htm#556.­152 (accessed Dec. 2, 2023).

Dec. 2, 2023

§ 556.152’s source at texas​.gov