Student Loans

Tex. Insurance Code § 425.009, under Chapter 425.

Tex. Insurance Code § 425.009

Sec. 425.009. STUDENT LOANS. A foreign or domestic life insurance company may make loans to a student enrolled in an institution of higher education if the principal amount of the loan is insured by: (1) the federal government under the Higher Education Act of 1965 (Pub. L. No. 89-329), as amended; or (2) the Texas Guaranteed Student Loan Corporation under Chapter 57, Education Code. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007. SUBCHAPTER B. STANDARD VALUATION LAW