Tex. Ins. Code § 1131.752 · Subchapter P. WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE POLICIES: ADDITIONAL REQUIREMENTS
PAYMENT OF PREMIUMS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The premium for the policy must be paid:
(1) wholly from funds contributed by the employer or employers of the insureds;
(2) wholly from funds contributed by the labor or credit union or unions; or
(3) partly from funds described by Subdivision (1) or (2) and partly from funds contributed by the insureds.
(b) An insured's contribution toward the cost of the insurance may not exceed 40 cents per month for each $1,000 of insurance coverage.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1131.htm
- Text hash
- sha256 d5dacadd0ab9c3faca64a1cde44038f4099bf588504f927dfa326444bbdcfcce
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.