{"data":{"id":"us-tx/tex.-insurance-code-826.003","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 826.003","heading":"RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE.","body":"Except as provided by this chapter, a resulting company:\n(1) may exercise only the rights and privileges of a stock insurance company; and\n(2) is subject to:\n(A) all of the requirements and rules imposed on stock insurance companies organized under this code; and\n(B) the laws of this state relating to the regulation or supervision of insurance companies.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 826. CONVERSION OF MUTUAL INSURANCE COMPANY TO STOCK INSURANCE COMPANY","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.826.htm#826.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"02fc3272660e6c385ee7c5abe56cb4a52142dc0fa31ab67b97cbe32d12ce8a6c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-826.002","next":"us-tx/tex.-insurance-code-826.004"},"notice":"GroundRules: Original legal text. Not legal advice."}