Tex. Insurance Code § 887.004: INAPPLICABILITY TO CERTAIN ORGANIZATIONS OF MEMBERS OF RELIGIOUS DENOMINATION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES
- CHAPTER 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES
- SUBCHAPTER A. GENERAL PROVISIONS
This chapter does not apply to an association that:
(1) is not operated for profit;
(2) is composed only of the members of a particular religious denomination;
(3) does not provide insurance benefits in an amount greater than $1,000 on any one individual; and
(4) does not pay any officer of the association a salary greater than $100 a month.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON