Texas § IN.885.405 - VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS

Full text of Texas The Texas Constitution § IN.885.405 — VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS, with citation guidance and answers to common questions.

§ IN.885.405. VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS

VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS. (a) A fraternal benefit society that provides for disability benefits shall keep the net premiums for disability benefits in a fund separate from all other benefit and expense funds and the valuation of all other business of the society. (b) Notwithstanding Subsection (a), if a fraternal benefit society uses a combined premium table for both death and permanent total disability benefits: (1) the valuation must be according to tables of reliable experience; and (2) the society is not required to maintain a separation of those funds. 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.885.405

What does The Texas Constitution § IN.885.405 cover?

Section IN.885.405 ("VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS") 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.885.405?

A common citation format is "The Texas Constitution § IN.885.405" (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.885.405 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.