{"data":{"id":"us-tx/tex.-insurance-code-826.004","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 826.004","heading":"CERTAIN CONVERSIONS PROHIBITED.","body":"A mutual insurance company may not convert to a stock insurance company under this chapter if, as a direct result of the conversion, any affiliate or other person acquires control of the resulting company, unless that affiliate or person complies with Section 823.154.\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#826.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"8898e8958e2788b43eb96455b4e35dcf3a48c51d68fabcafad617c037a1b1110","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-826.003","next":"us-tx/tex.-insurance-code-826.005"},"notice":"GroundRules: Original legal text. Not legal advice."}
