{"data":{"id":"us-tx/tex.-insurance-code-826.152","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 826.152","heading":"AMENDMENT OF POLICIES.","body":"A converting company, by endorsement or rider approved by the commissioner and sent to the policyholder, may simultaneously with or at any time after the adoption of a conversion plan amend an insurance policy in effect to terminate a right of the holder of the policy to share in the surplus or profits of the converting company. The amendment is void if the conversion plan does not take effect.\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 D. RIGHTS OF MEMBERS ON CONVERSION"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.826.htm#826.152","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"9b8e3ac207c1b627a389fe8532343b8c8ddfb5723ab10e3a935cb2f141f1ca08","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-826.151","next":"us-tx/tex.-insurance-code-826.201"},"notice":"GroundRules: Original legal text. Not legal advice."}