Tex. Ins. Code § 911.203

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 911.203 - Policyholder Liability

A policyholder is liable for the losses of a farm mutual insurance company only as provided by the company's constitution and bylaws, and only in proportion to the amount that the premium or assessment for the policyholder's policy bears to the total amount of premiums or assessments for all policies written by the company in the class to which the policyholder's policy belongs.

Tex. Ins. Code § 911.203

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