Texas Statutes

§ 887.305 — EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES.

Texas § 887.305
JurisdictionTexas
Code INInsurance Code

This text of Texas § 887.305 (EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Insurance Code Code Ann. § 887.305 (2026).

Text

Sec. 887.305. EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES. If an association increases a life insurance assessment rate at any age other than at age of issue, the expense loading on the new assessments may not, on 50 years of age or greater, exceed 25 percent of the gross assessment charged, unless an additional expense loading is approved by the commissioner as reasonable and necessary.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Texas § 887.305, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/887.305.