Assessment On Policyholders

Tex. Insurance Code § 883.156, under Chapter 883.

Tex. Insurance Code § 883.156

Sec. 883.156. ASSESSMENT ON POLICYHOLDERS. (a) A policyholder is not liable for an assessment imposed on a policy issued by a mutual insurance company with approval of the commissioner under Section 883.155(a). (b) An assessment may not be imposed on the holder of a policy described by Section 883.155(a) by: (1) the officers or directors of a mutual insurance company; (2) the department; (3) a receiver; or (4) a liquidator. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.