{"data":{"id":"us-tx/tex.-insurance-code-881.054","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 881.054","heading":"MINIMUM MEMBERSHIP REQUIRED.","body":"A statewide mutual assessment company may not issue a certificate or policy unless the membership of the company or the group, class, or club of the company that is liable for assessments on the certificate or policy is sufficient in number at the assessment rate charged the company, group, class, or club to pay 50 percent of the maximum benefit in the certificate or policy.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 881. STATEWIDE MUTUAL ASSESSMENT COMPANIES","SUBCHAPTER B. STRUCTURE AND OPERATION OF STATEWIDE MUTUAL ASSESSMENT COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.881.htm#881.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"98ed952d5ee92f47b1b11e094f98dcac339b3f315f285788c081cb7a4b9555f1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-881.053","next":"us-tx/tex.-insurance-code-881.055"},"notice":"GroundRules: Original legal text. Not legal advice."}