Sec. 911.154. CONTRACT TERMS: ADOPTION OF ADDITIONAL PROVISIONS. (a) A farm mutual insurance company may adopt as part of the company's bylaws and insurance policies any provision contained in the standard policies of companies writing fire or windstorm insurance as adopted by the commissioner to the extent the provision applies to a farm mutual insurance company.
(b) A company that adopts a provision as provided by Subsection (a) shall state in the company's bylaws or in each policy issued by the company that the provision has been adopted as provided by Subsection (a).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle F - Farm and County Mutual Insurance Companies
Chapter 911 - Farm Mutual Insurance Companies
Subchapter D. Policies and Coverage
Section 911.151. Kinds of Insurance Authorized
Section 911.152. Property and Hazards Against Which Company May Not Insure
Section 911.153. Contract Terms: Incorporation of Bylaws
Section 911.154. Contract Terms: Adoption of Additional Provisions