Texas Statutes
§ 887.307 — REVENUE OF ASSOCIATION; DEPOSIT.
Texas § 887.307
JurisdictionTexas
Code INInsurance Code
This text of Texas § 887.307 (REVENUE OF ASSOCIATION; DEPOSIT.) 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. § 887.307 (2026).
Text
Sec. 887.307. REVENUE OF ASSOCIATION; DEPOSIT.
(a)The revenue of an association must be derived from:
(1)membership fees; and
(2)assessments.
(b)Not later than the fifth day after the date an association collects revenue, the association shall deposit the revenue in a state or national bank.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 887.001
DEFINITIONS.§ 887.002
PURPOSE.§ 887.003
APPLICABILITY OF CHAPTER.§ 887.006
CONSTRUCTION.§ 887.007
DEPOSIT OF FEES.§ 887.009
RULES.§ 887.051
BYLAWS.§ 887.052
AMENDMENT OF BYLAWS.§ 887.053
IMMUNITY.§ 887.054
FINANCIAL OFFICER; BOND.§ 887.056
RECOVERY ON BOND.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 887.307, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/887.307.