Texas § 883.156 ASSESSMENT ON POLICYHOLDERS.

Texas Statutes

§ 883.156 — ASSESSMENT ON POLICYHOLDERS.

Texas § 883.156

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 883.156 (2026).

Text

Sec. 883.156. ASSESSMENT ON POLICYHOLDERS.

(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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Sec. 883.156. ASSESSMENT ON POLICYHOLDERS. (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.