Sec. 883.156. ASSESSMENT ON POLICYHOLDERS. (a) A policyholder is not liable for an assessment imposed on a policy issued by a mutual insurance company with approval of the commissioner under Section 883.155(a).
(b) An assessment may not be imposed on the holder of a policy described by Section 883.155(a) by:
(1) the officers or directors of a mutual insurance company;
(2) the department;
(3) a receiver; or
(4) a liquidator.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
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