Tex. Insurance Code § 885.260
This is the official text of Tex. Insurance Code § 885.260, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 885.260. SPECIFIED PAYMENTS.
Official statutory text
(a) A fraternal benefit society may provide in the fraternal benefit society's laws and benefit certificates for specified payments on account of the expense or general fund.
(b) A payment under this section may or may not be mingled with the general fund of the fraternal benefit society as provided by the society's constitution and bylaws.
(b) A payment under this section may or may not be mingled with the general fund of the fraternal benefit society as provided by the society's constitution and bylaws.
Status: in_force · Read it on the official government site
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