{"data":{"id":"us-tx/tex.-insurance-code-829.102","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 829.102","heading":"AMENDMENTS; WITHDRAWAL OF PLAN.","body":"Before a conversion plan takes effect, a converting exchange may amend or withdraw the plan by the affirmative vote of at least two-thirds of the members of its board of directors or, if the exchange does not have a board of directors, by approval of the attorney in fact. The written consent of the commissioner is required for any amendment to a conversion plan adopted after the commissioner has approved the plan under Section 829.106.\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 C. PLAN ADOPTION AND APPROVAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.829.htm#829.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"5d5a39a3658b4f923a590e428cfdafc50350194e11689faebbeec38f6ca30b23","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-829.101","next":"us-tx/tex.-insurance-code-829.103"},"notice":"GroundRules: Original legal text. Not legal advice."}