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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 824.053: APPROVAL OF MERGER OR CONSOLIDATION AFFECTING FOREIGN CORPORATION; EFFECTIVE DATE.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
  3. SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES
  4. CHAPTER 824. MERGER AND CONSOLIDATION OF STOCK INSURANCE CORPORATIONS
  5. SUBCHAPTER B. EFFECTIVE DATE OF MERGER OR CONSOLIDATION

Notwithstanding Section 824.051 or 824.052, a merger or consolidation involving a corporation organized under the laws of another state does not take effect until the merger or consolidation is approved by the proper official of the domiciliary state, if that approval is required.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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