Tex. Insurance Code § 1131.203: PAYMENT OF PREMIUMS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE B. GROUP LIFE INSURANCE
- CHAPTER 1131. GROUP LIFE INSURANCE AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE
- SUBCHAPTER E. GROUP LIFE INSURANCE POLICIES ISSUED TO EMPLOYERS: ADDITIONAL REQUIREMENTS
The policyholder must pay the premium for the policy:
(1) wholly from the employer's fund or funds contributed by the employer;
(2) partly from funds described by Subdivision (1) and partly from funds contributed by the insured employees; or
(3) wholly from funds contributed by the insured employees.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 1073 (H.B. 1571), Sec. 1, eff. June 18, 2005.
Acts 2005, 79th Leg., Ch. 1073 (H.B. 1571), Sec. 2, eff. June 18, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON