Tex. Ins. Code § 884.255
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A stipulated premium company may not use in its advertising or representation of a policy the words "legal reserve company," "stock company," "old line legal reserve company," or words of similar meaning that might lead the public to believe that a policy provides nonforfeiture values.
Tex. Ins. Code § 884.255