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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 OF TEXAS AUsTIN 11, TEXAS WILL WILSON A'TORMNEY GENERAL ME 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.