Tex. Insurance Code § 887.004
This is the official text of Tex. Insurance Code § 887.004, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 887.004. INAPPLICABILITY TO CERTAIN ORGANIZATIONS OF MEMBERS OF RELIGIOUS DENOMINATION.
Official statutory text
This chapter does not apply to an association that:
(1) is not operated for profit;
(2) is composed only of the members of a particular religious denomination;
(3) does not provide insurance benefits in an amount greater than $1,000 on any one individual; and
(4) does not pay any officer of the association a salary greater than $100 a month.
(1) is not operated for profit;
(2) is composed only of the members of a particular religious denomination;
(3) does not provide insurance benefits in an amount greater than $1,000 on any one individual; and
(4) does not pay any officer of the association a salary greater than $100 a month.
Status: in_force · Read it on the official government site
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