Section 841.253 - Life Insurance Company's Payment of Dividends(a) A life insurance company may declare or pay a dividend to its: (1) policyholders only from the expense loading and profits made by the company; and(2) shareholders only from the company's earned surplus, as defined by the commissioner.(b) A life insurance company that is not showing a profit may pay a dividend on its participating policies from the expense loading on those policies.(c) A life insurance company may not discriminate between policyholders in paying a dividend from the expense loading under this section.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.