Texas Insurance Code 887.004 – Inapplicability to Certain Organizations of Members of Religious Denomination
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Terms Used In Texas Insurance Code 887.004
- Month: means a calendar month. See Texas Government Code 312.011
This chapter does not apply to an association that:
(1) is not operated for profit;
(2) is composed only of the members of a particular religious denomination;
(3) does not provide insurance benefits in an amount greater than $1,000 on any one individual; and
(4) does not pay any officer of the association a salary greater than $100 a month.