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

Tex. Insurance Code § 826.003: RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE.

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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 826. CONVERSION OF MUTUAL INSURANCE COMPANY TO STOCK INSURANCE COMPANY
  5. SUBCHAPTER A. GENERAL PROVISIONS

Except as provided by this chapter, a resulting company:

(1) may exercise only the rights and privileges of a stock insurance company; and

(2) is subject to:

(A) all of the requirements and rules imposed on stock insurance companies organized under this code; and

(B) the laws of this state relating to the regulation or supervision of insurance companies.

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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