Sec. 1131.065.  WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE.  (a)  Policies of wholesale, franchise, or employee life insurance may be issued to:
(1)  the employees of a common employer or employers;
(2)  the members of one or more labor unions;  or
(3)  the members of one or more credit unions.
(b)  A policy to which this section applies is subject to Subchapter P.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.