Tex. Ins. Code § 885.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 885.103 - Children

(a) A fraternal benefit society may organize and operate branches for children on whose lives the society provides insurance or annuities.

(b) A child is not required to be a member of a lodge or to be initiated in a lodge.

(c) A child may not have any voice in the management of a fraternal benefit society.

Tex. Ins. Code § 885.103

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.