{"data":{"id":"us-tx/tex.-insurance-code-882.454","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.454","heading":"LIMITATION ON AMOUNT OF POLICY VALUE FOR CERTAIN COMPANIES.","body":"If the total amount of a mutual life insurance company's insurance in force is less than $10 million, the company may not issue a policy that, after deducting any reinsurance, binds the company for more than $5,000 on a single life.\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 J. POLICY REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.454","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"e9989fb9ee24005b055e100bee08fba206a3125ba17fbdb8691c252aa59c514c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.453","next":"us-tx/tex.-insurance-code-882.455"},"notice":"GroundRules: Original legal text. Not legal advice."}