Tex. Ins. Code § 887.205 · Subchapter E. POWERS AND DUTIES RELATING TO INSURANCE AND COVERAGES
LIFE INSURANCE CERTIFICATE BENEFICIARIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An association may pay death benefits only to:
(1) a member's spouse;
(2) a member's relative by blood to the fourth degree or by marriage to the third degree;
(3) a person actually dependent on the member;
(4) a creditor, estate, or other person with an insurable interest; or
(5) a purely charitable or religious institution.
(b) A beneficiary of a life insurance certificate forfeits the beneficiary's interest in the certificate if the beneficiary is the principal or an accomplice in wilfully bringing about the death of the insured. The nearest relative of the insured is entitled to the proceeds of an insurance certificate forfeited under this subsection.
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.887.htm
- Text hash
- sha256 429f3ec914af609c65efb14d0e62ad9c1031850017107a65190a41fbb8126609
- 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.