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

Tex. Insurance Code § 882.562: ASSUMPTION OF LIABILITIES.

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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 the effective date of a merger or consolidation under this subchapter, a new or surviving life insurance company resulting from the merger or consolidation assumes all liabilities of the original 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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