Texas Insurance Code § 882.351 Policyholder's Entitlement To Dividend

Sec. 882.351. POLICYHOLDER'S ENTITLEMENT TO DIVIDEND. A policyholder of a mutual life insurance company is entitled to a credit or payment of a dividend from that part of the company's divisible surplus that may be fairly allocated to the policyholder's policy.

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

Section: Previous  882.253  882.301  882.302  882.303  882.304  882.305  882.306  882.351  882.352  882.353  882.354  882.355  882.356  882.401  882.402  Next

Last modified: September 28, 2016