Sec. 882.157. OFFICER BONDS. The president, secretary, and treasurer of a mutual life insurance company shall each provide a bond for the protection of the company's policyholders: (1) in an amount and with sureties approved by the commissioner; and (2) conditioned on the faithful performance of the officer's duties. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Officer Bonds
Tex. Insurance Code § 882.157, under Chapter 882.
Tex. Insurance Code § 882.157