Tex. Ins. Code § 543.004

Sharing of or Participation in Special Fund Prohibited

Added by Acts 2003, 78th Leg., ch. 1274

An insurer or an officer, agent, or representative of an insurer may not issue a policy that contains a special or board contract or similar provision by the terms of which the policy will share or participate in a special fund derived from a tax or a charge against any portion of the premium on another policy.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

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