{"data":{"id":"us-tx/tex.-insurance-code-882.563","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.563","heading":"EFFECT OF MERGER OR CONSOLIDATION ON PROPERTY.","body":"On the effective date of a merger or consolidation under this subchapter, the property rights, including any right of recovery, of each company that is a party to the merger or consolidation are transferred to the new or surviving life insurance company resulting from the merger or consolidation without a deed or other transfer.\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#882.563","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"83654be05a2ccf55c5a8a72839ce4783675d4f66243f7b12b8059cd72acf8fbc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.562","next":"us-tx/tex.-insurance-code-882.564"},"notice":"GroundRules: Original legal text. Not legal advice."}