The premium for the policy must be paid from:
(1) the policyholder's funds;
(2) funds contributed by the insureds; or
(3) both the policyholder's funds and funds contributed by the insureds.
PAYMENT OF PREMIUMS
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff
The premium for the policy must be paid from:
(1) the policyholder's funds;
(2) funds contributed by the insureds; or
(3) both the policyholder's funds and funds contributed by the insureds.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.