Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 885.408 - Reserves for Accident and Health Insurance(a) A fraternal benefit society shall establish reserves for the types of coverage specified by Sections 885.301(a)(4) and (5) in the same manner and to the same extent as required for a company organized under Chapter 841.(b) Sections 425.203-425.228 apply to reserve investments for a domestic fraternal benefit society.Amended By Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 2E.096, eff. 4/1/2009.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.