{"data":{"id":"us-tx/tex.-insurance-code-861.152","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 861.152","heading":"GENERAL POWERS OF COMPANY.","body":"A general casualty company may:\n(1) sue or be sued in the name of the company;\n(2) make or enforce contracts in relation to the business of the company;\n(3) have and use a common seal;\n(4) in its own name, or through a trustee chosen by the board of directors, acquire, purchase, hold, and dispose of real and personal property to further the purposes of the company; and\n(5) through its board of directors, trustees, or managers, adopt and amend bylaws that include provisions establishing the qualifications, duties, and terms of office of and the manner of electing directors, trustees, or managers and officers of the company.\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 D. POWERS AND DUTIES OF GENERAL CASUALTY COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.861.htm#861.152","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1d0de342a56cb64ad410818710f7adbedf47f94ed851b110a4fe9d99f86084db","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-861.151","next":"us-tx/tex.-insurance-code-861.153"},"notice":"GroundRules: Original legal text. Not legal advice."}