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

Tex. Insurance Code § 882.558: FOREIGN LIFE INSURANCE COMPANY; APPROVAL OF PLAN BY POLICYHOLDERS OR SHAREHOLDERS.

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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 E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES
  4. CHAPTER 882. MUTUAL LIFE INSURANCE COMPANIES
  5. SUBCHAPTER L. MERGERS AND CONSOLIDATIONS

On notice of approval of a proposed plan under Section 882.555, the board of directors of each foreign life insurance company that is a party to the plan shall submit the plan for approval to the company's policyholders or shareholders as provided by the law of the appropriate jurisdiction.

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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