{"data":{"id":"us-tx/tex.-insurance-code-885.405","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 885.405","heading":"VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS.","body":"(a) A fraternal benefit society that provides for disability benefits shall keep the net premiums for disability benefits in a fund separate from all other benefit and expense funds and the valuation of all other business of the society.\n(b) Notwithstanding Subsection (a), if a fraternal benefit society uses a combined premium table for both death and permanent total disability benefits:\n(1) the valuation must be according to tables of reliable experience; and\n(2) the society is not required to maintain a separation of those funds.\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 885. FRATERNAL BENEFIT SOCIETIES","SUBCHAPTER I. REGULATION OF FRATERNAL BENEFIT SOCIETIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.885.htm#885.405","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"6161df5791bd56eefc90dbf6dcda9eda07c24c22ec55b779bc85b53a62e9a975","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-885.404","next":"us-tx/tex.-insurance-code-885.406"},"notice":"GroundRules: Original legal text. Not legal advice."}