Tex. Ins. Code § 1131.752

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

Section 1131.752 - Payment of Premiums

(a) The premium for the policy must be paid:

(1) wholly from funds contributed by the employer or employers of the insureds;

(2) wholly from funds contributed by the labor or credit union or unions; or

(3) partly from funds described by Subdivision (1) or (2) and partly from funds contributed by the insureds.

(b) An insured's contribution toward the cost of the insurance may not exceed 40 cents per month for each $1,000 of insurance coverage.

Tex. Ins. Code § 1131.752

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