Tex. Ins. Code § 885.305

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 885.305 - Organization As Beneficiary

A fraternal benefit society may provide in the fraternal benefit society's laws for the issuance to its members of benefit certificates under which an association, society, or corporation that is organized and operated for religious, eleemosynary, or educational purposes is named as beneficiary.

Tex. Ins. Code § 885.305

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