Tex. Ins. Code § 1131.403

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

Section 1131.403 - Payment of Premiums

The premium for the policy must be paid:

(1) wholly by the principal; or

(2) partly from funds contributed by the principal and partly from funds contributed by the insured agents.

Tex. Ins. Code § 1131.403

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.