{"data":{"id":"us-tx/tex.-insurance-code-912.803","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 912.803","heading":"UNLAWFUL DIVERSION OF FUNDS; CRIMINAL PENALTY.","body":"(a) A director, officer, agent, employee, attorney at law, or attorney in fact of a county mutual insurance company commits an offense if the person wilfully borrows, withholds, or diverts from its purpose in any manner all or part of a special fund that:\n(1) belongs to or is under the control and management of the company; and\n(2) is designated by law for that purpose.\n(b) An offense under this section is punishable by imprisonment in the Texas Department of Criminal Justice for a term of not more than 10 years or less than 2 years.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.\nAmended by:\nActs 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.127, eff. September 1, 2009.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES","CHAPTER 912. COUNTY MUTUAL INSURANCE COMPANIES","SUBCHAPTER Q. GENERAL CRIMINAL PENALTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.912.htm#912.803","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"3d88602b2235876902ac26b9ddf21f196a876bfd078d73c0abb74519a4674294","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-912.802","next":"us-tx/tex.-insurance-code-912.804"},"notice":"GroundRules: Original legal text. Not legal advice."}