Tex. Ins. Code § 885.312

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 885.312 - Continuation of Benefit Certificate on Expulsion or Suspension of Member

If a fraternal benefit society's laws provide for expulsion or suspension of a member, the benefit certificate must provide that a member who is expelled or suspended may maintain the certificate in force by continuing payment of the required premium unless the expulsion or suspension:

(1) is for nonpayment of a premium; or

(2) occurs within the contestable period of the benefit contract and is for material misrepresentation in the application for membership or insurance.

Tex. Ins. Code § 885.312

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.