Sec. 885.405.  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.