Tex. Insurance Code § 885.152
This is the official text of Tex. Insurance Code § 885.152, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 885.152. ELIGIBILITY TO PROVIDE BENEFITS.
Official statutory text
After June 1, 1965, a corporation, society, order, or voluntary association may qualify as a fraternal benefit society as defined by Section 885.051 for the purpose of providing for the payment of benefits as provided by Section 885.301 only if it:
(1) has at least 500 members and at least 10 lodges; and
(2) has been in continuous operation for at least the five years preceding the filing of its articles of incorporation or association as provided by Section 885.153.
(1) has at least 500 members and at least 10 lodges; and
(2) has been in continuous operation for at least the five years preceding the filing of its articles of incorporation or association as provided by Section 885.153.
Status: in_force · Read it on the official government site
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