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Texas Insurance Code - INS § 883.156. Assessment on Policyholders

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A policyholder is not liable for an assessment imposed on a policy issued by a mutual insurance company with approval of the commissioner under Section 883.155(a).

(b) An assessment may not be imposed on the holder of a policy described by Section 883.155(a) by:

(1) the officers or directors of a mutual insurance company;

(2) the department;

(3) a receiver;  or

(4) a liquidator.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 883.156. Assessment on Policyholders - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-883-156/

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