Tex. Insurance Code § 1131.253
This is the official text of Tex. Insurance Code § 1131.253, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1131.253. PAYMENT OF PREMIUMS.
Official statutory text
(a) Subject to Subsection (b), the policyholder must pay the premium for the policy:
(1) wholly from funds contributed by the employer or employers, the labor union or unions, or both; or
(2) partly from funds described by Subdivision (1) 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.
(c) The policy may provide that a participating employer or labor union may pay the premium directly to the insurer for the policy issued to the trustee. If payment is made as provided by this subsection, the employer or labor union is the premium payor for the insured employees or union members for that employer unit.
(1) wholly from funds contributed by the employer or employers, the labor union or unions, or both; or
(2) partly from funds described by Subdivision (1) 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.
(c) The policy may provide that a participating employer or labor union may pay the premium directly to the insurer for the policy issued to the trustee. If payment is made as provided by this subsection, the employer or labor union is the premium payor for the insured employees or union members for that employer unit.
Status: in_force · Read it on the official government site
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