{"data":{"id":"us-tx/tex.-insurance-code-887.307","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 887.307","heading":"REVENUE OF ASSOCIATION; DEPOSIT.","body":"(a) The revenue of an association must be derived from:\n(1) membership fees; and\n(2) assessments.\n(b) Not later than the fifth day after the date an association collects revenue, the association shall deposit the revenue in a state or national bank.\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 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES","SUBCHAPTER G. ASSESSMENTS AND REVENUE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.887.htm#887.307","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"06629464c28afd994404114859433e7c8a9408799c7a301d36157aac11fdb0e6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-887.306","next":"us-tx/tex.-insurance-code-887.308"},"notice":"GroundRules: Original legal text. Not legal advice."}