Dividends

Tex. Insurance Code § 883.161, under Mutual Insurance Companies Other Than Mutual Life Insurance Companies.

Tex. Insurance Code § 883.161

Sec. 883.161. DIVIDENDS. On advance approval of the commissioner, a mutual insurance company may pay dividends to its members. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.