Texas § IN.885.259 - SOURCE OF FUNDS

Full text of Texas The Texas Constitution § IN.885.259 — SOURCE OF FUNDS, with citation guidance and answers to common questions.

§ IN.885.259. SOURCE OF FUNDS

SOURCE OF FUNDS. (a) A fraternal benefit society shall derive the funds from which the society pays benefits and the funds from which the society defrays its expenses from: (1) premiums paid by members of the society; and (2) accretions of those funds. (b) A domestic or foreign fraternal benefit society may not engage in business in this state unless the society provides for stated premiums sufficient to permit meeting the obligations contracted, when valued in accordance with the reserving standards specified by this chapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § IN.885.259

What does The Texas Constitution § IN.885.259 cover?

Section IN.885.259 ("SOURCE OF FUNDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.885.259?

A common citation format is "The Texas Constitution § IN.885.259" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.885.259 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.