Tex. Ins. Code § 883.156 · Subchapter D. POWERS, DUTIES, AND OPERATION OF COMPANY
ASSESSMENT ON POLICYHOLDERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A policyholder is not liable for an assessment imposed on a policy issued by a mutual insurance company with approval of the commissioner under Section 883.155(a).
(b) An assessment may not be imposed on the holder of a policy described by Section 883.155(a) by:
(1) the officers or directors of a mutual insurance company;
(2) the department;
(3) a receiver; or
(4) a liquidator.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, 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.883.htm
- Text hash
- sha256 77510095e9ed85afcd8d4c5f18e7b501ec1443e7f2c2559aadd4a0f7c2dee998
- 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
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