Sec. 1131.403.  PAYMENT OF PREMIUMS.  The 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.