Tex. Ins. Code § 885.401 · Subchapter I. REGULATION OF FRATERNAL BENEFIT SOCIETIES
ANNUAL REPORT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each fraternal benefit society engaged in business in this state shall annually, on or before March 1:
(1) file with the department in the form required by the commissioner a statement, under oath of the society's president and secretary or corresponding officers, of:
(A) the society's condition and standing on the preceding December 31; and
(B) the society's transactions for the preceding calendar year; and
(2) provide additional information the commissioner considers necessary to demonstrate the society's business and method of operation.
(b) The commissioner may periodically require any additional statement the commissioner considers necessary relating to a fraternal benefit society.
(c) The department or the state may use the report required under Subsection (a) in determining a fraternal benefit society's financial solvency.
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 c958507f70ea909edf3eae01d75c018e12a218e84c7f08c57cacae5cc5e0c43b
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 885.401. Each shows the citation as that text prints it.
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.