{"data":{"id":"us-tx/tex.-insurance-code-882.562","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.562","heading":"ASSUMPTION OF LIABILITIES.","body":"On the effective date of a merger or consolidation under this subchapter, a new or surviving life insurance company resulting from the merger or consolidation assumes all liabilities of the original companies.\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 L. MERGERS AND CONSOLIDATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.562","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"71311fd4ba74d3880c581c3870758f973af0ed6c9033f5f02ca4a7f5d9124da9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.561","next":"us-tx/tex.-insurance-code-882.563"},"notice":"GroundRules: Original legal text. Not legal advice."}