{"data":{"id":"us-tx/tex.-insurance-code-829.003","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 829.003","heading":"RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE.","body":"Except as provided by this chapter, the 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 2007, 80th Leg., R.S., Ch. 412 (S.B. 1056), Sec. 1, eff. June 15, 2007.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 829. CONVERSION OF RECIPROCAL OR INTERINSURANCE EXCHANGE TO STOCK COMPANY THROUGH CREATION OF A MUTUAL HOLDING COMPANY","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.829.htm#829.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"7490461a85e25dd82952a156729aa8011c4ee5a8e0100b2ddc50fe545a3fd4f4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-829.002","next":"us-tx/tex.-insurance-code-829.004"},"notice":"GroundRules: Original legal text. Not legal advice."}