{"data":{"id":"us-tx/tex.-insurance-code-882.051","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.051","heading":"AUTHORITY TO FORM COMPANY; PURPOSE.","body":"A mutual life insurance company may be formed under this chapter to insure the lives of individuals on the mutual level premium and legal reserve plan.\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 E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 882. MUTUAL LIFE INSURANCE COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF MUTUAL LIFE INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"d48e9e2b27555e0fd2b0545960b2c7df47e419b516f02e607d736da1e8b76caa","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.003","next":"us-tx/tex.-insurance-code-882.052"},"notice":"GroundRules: Original legal text. Not legal advice."}