1961 Book 2 Texas Attorney General Reports and Opinions 1 (1961)

handle is hein.sag/sagtx0097 and id is 1 raw text is: THE ATTORNEY GENERAL


Hon. William A. Harrison
Commissioner of Insurance
International Life Building
Austin 14, Texas

ay 17, 1961
Opinion No. WW-1062
Re: Whether an association of
employees under the stated
facts are entitled to the ex-
emption of Art. 14. 17 of the
Texas Insurance Code even
though its operating expen-
ses exceed $300 per month.

Dear Sir:
Your request concerns the interpretation of certain amend-
ments by the Legislature in 1959 to that portion of the Texas Insur-
ance Code exempting certain associations from some aspects of the
mutual assessment laws. These exemptions are found in Art. 14. 17
of said Code. * Prior to the 1959 amendments, Art. 14. 17 stated
these exemptions in the following terms:
1. . . provided no provision of this and the
preceding article shall be construed to apply to
associations which limit their membership to
the employees and the families of employees of
any particular designated firm, corporation, or
individual, and which are not operated for pro-
fit and which pay no commissions to anyone and
whose operating expenses do not exceed One
Hundred ($100. 00) Dollars per month;. . .
Reference throughout are to the Texas Insurance Code unless other-
wise indicated.

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