{"data":{"id":"us-tx/tex.-insurance-code-882.157","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.157","heading":"OFFICER BONDS.","body":"The president, secretary, and treasurer of a mutual life insurance company shall each provide a bond for the protection of the company's policyholders:\n(1) in an amount and with sureties approved by the commissioner; and\n(2) conditioned on the faithful performance of the officer's duties.\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 882. MUTUAL LIFE INSURANCE COMPANIES","SUBCHAPTER D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.157","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"96ca0d4095ee5c56ab66a934d38df78cbd9b4f90e197742f2f87744a2c58b709","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.156","next":"us-tx/tex.-insurance-code-882.158"},"notice":"GroundRules: Original legal text. Not legal advice."}