Texas Statutes
Subchapter O. Group Life Insurance Policies Issued to Other Groups: Additional Requirements
Section 1131.702. Payment of Premiums

Sec. 1131.702. PAYMENT OF PREMIUMS. 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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.