Texas Insurance Code § 1551.307 Payment For Voluntary Coverages

Sec. 1551.307. PAYMENT FOR VOLUNTARY COVERAGES. Except as provided by Section 1551.309, if an individual eligible to participate in the group benefits program under Section 1551.101 or 1551.102 applies for voluntary coverages, the participant shall authorize in a form and manner satisfactory to the board of trustees a deduction from the participant's monthly compensation or monthly annuity equal to the cost of the voluntary coverages.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.

Section: Previous  1551.301  1551.3015  1551.302  1551.303  1551.304  1551.305  1551.306  1551.307  1551.3075  1551.3076  1551.308  1551.309  1551.310  1551.311  1551.3111  Next

Last modified: September 28, 2016