Texas Insurance Code

§ 885.703 — SOLICITING MEMBERSHIP IN LODGE OF UNAUTHORIZED FRATERNAL BENEFIT SOCIETY; CRIMINAL PENALTY

IN § 885.703Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 885. FRATERNAL BENEFIT SOCIETIES · Art. O. CRIMINAL PENALTIES

Statute text

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(a)A person commits an offense if the person solicits for or organizes a lodge of a fraternal benefit society without first obtaining from the commissioner a certificate of authority that entitles the society to engage in business in this state.

(b)An offense under this section is a misdemeanor punishable by:

(1)a fine of not less than $100 or more than $250;

(2)confinement in jail for not less than three months or more than six months; or

(3)both a fine and confinement.

Legislative history

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