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

Tex. Insurance Code § 861.054: SUBSCRIPTION OF STOCK.

Where this section sits in the code

INSURANCE CODE
TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
SUBTITLE D. CASUALTY COMPANIES
CHAPTER 861. GENERAL CASUALTY COMPANIES
SUBCHAPTER B. FORMATION AND STRUCTURE OF GENERAL CASUALTY COMPANY

The incorporators shall:

(1) open books for the subscription of stock in the general casualty company at the times and places the incorporators consider convenient and proper; and

(2) keep the books open until the full amount specified in the articles of incorporation is subscribed.

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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