Tex. Ins. Code § 885.315 · Subchapter G. BENEFITS PROVIDED BY FRATERNAL BENEFIT SOCIETIES
DAMAGES FOR FAILURE TO TIMELY PAY BENEFITS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A fraternal benefit society that is liable for a loss and that does not pay benefits before the 61st day after the date of the demand for payment is liable to the holder of the benefit certificate, in addition to the amount of the loss, for damages of 12 percent of the amount of the loss and reasonable attorney's fees for the prosecution and collection of the loss.
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.885.htm
- Text hash
- sha256 54dc4df77a92b89022e7e33be80c9fdbdbfdcc583b9697e2a40d0615ab62444b
- 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.