Sec. 912.203. NONPAYMENT OF PREMIUM OR ASSESSMENT: FILING OF ACTION. (a) A county mutual insurance company may bring an action in the home county of the company against a policyholder who defaults on the payment of an assessment or premium.
(b) The company is entitled to judgment against the policyholder for:
(1) delinquent premiums or assessments;
(2) foreclosure of the lien described by Section 912.202; and
(3) the costs of an action, including a reasonable attorney's fee in the amount of at least $5.
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 912 - County Mutual Insurance Companies
Subchapter E. Charges, Premiums, and Assessments
Section 912.201. Schedule of Charges
Section 912.202. Payment of Premium or Assessment
Section 912.203. Nonpayment of Premium or Assessment: Filing of Action