Sec. 556.151. APPLICABILITY OF SUBCHAPTER. This subchapter does not apply to a credit life, credit accident and health, credit property, or credit involuntary unemployment insurance policy that is:
(1) specifically authorized by this code;
(2) approved for sale in this state; and
(3) sold in connection with a credit transaction.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.