(a) The premium for the policy must be paid:
- (1) wholly from funds contributed by the employer or employers of the insureds;
- (2) wholly from funds contributed by the labor or credit union or unions; or
- (3) partly from funds described by Subdivision (1) or (2) and partly from funds contributed by the insureds.
- (b) An insured's contribution toward the cost of the insurance may not exceed 40 cents per month for each $1,000 of insurance coverage.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.