127.005 – INSURANCE COVERAGE. (a) This chapter does not
Texas Civil Practice and Remedies Code § 127.005
Summary
This law clarifies that certain indemnity agreements are exempt from specific regulations if they include liability insurance coverage. It primarily affects parties entering into indemnity agreements who wish to ensure their obligations are backed by insurance.
Indemnity agreements with insurance are exempt from this chapter.
Written agreement required for indemnity supported by insurance.
Limits indemnity obligations to insurance coverage amounts.
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In simple terms: Learn about Texas's INSURANCE COVERAGE. (a) This chapter does not law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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