PAYMENT OF PREMIUMS.
Tex. INS Code § 1131.403.
in effectThe premium for the policy must be paid:
(1) wholly by the principal; or
(2) partly from funds contributed by the principal and partly from funds contributed by the insured agents.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
