{"data":{"id":"us-tx/tex.-insurance-code-861.054","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 861.054","heading":"SUBSCRIPTION OF STOCK.","body":"The incorporators shall:\n(1) open books for the subscription of stock in the general casualty company at the times and places the incorporators consider convenient and proper; and\n(2) keep the books open until the full amount specified in the articles of incorporation is subscribed.\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 D. CASUALTY COMPANIES","CHAPTER 861. GENERAL CASUALTY COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF GENERAL CASUALTY COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.861.htm#861.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"9ed983bbaa0c3ba22796b5dc046db72a657daf001cd834071bfa3f82f117d271","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-861.053","next":"us-tx/tex.-insurance-code-861.055"},"notice":"GroundRules: Original legal text. Not legal advice."}