Texas Insurance Code

§ 885.307 — GRACE PERIOD

IN § 885.307Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 885. FRATERNAL BENEFIT SOCIETIES · Art. G. BENEFITS PROVIDED BY FRATERNAL BENEFIT SOCIETIES

Statute text

View on source

A fraternal benefit society shall include in the terms of a benefit certificate a grace period of at least one month for payment of premiums.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.