Texas Statutes
Subchapter K. Group Life Insurance Policies Issued to Nonprofit Organizations or Associations: Additional Requirements
Section 1131.505. Amounts of Insurance

Sec. 1131.505. AMOUNTS OF INSURANCE. The amounts of insurance under the policy must be based on a plan that precludes individual selection by the insured members or by the organization or association.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.