SB 28, 31st 2nd C.S.
Relating to authorizing any life insurance company incorporated under the laws of this State, at its option, to deposit securities equal in value to the legal reserve on its outstanding policies and annuity bonds for the benefit of all the holders thereof, and providing for the regulation and maintenance of such deposit, and the terms and purposes for which same shall be held; making it unlawful to pay certain persons for procuring insurance, and fixing a penalty for the violation thereof.
Session Law Chapter:
Acts 1909, 31st 2nd C.S.,ch. 25, General Laws of Texas
Subjects:
Insurance--Life & Annuities
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