{"data":{"id":"us-tx/tex.-insurance-code-882.602","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.602","heading":"AMENDMENT TO CHARTER OR ARTICLES OF INCORPORATION REQUIRED.","body":"If the policyholders of a mutual life insurance company authorize a conversion under Section 882.601, the board of directors and officers of the company shall amend the company's charter or articles of incorporation to comply with the requirements applicable to a stock legal reserve life insurance company under Chapter 841.\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 M. CONVERSION OF MUTUAL LIFE INSURANCE COMPANY TO STOCK LEGAL RESERVE LIFE INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.882.htm#882.602","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"9258d42d4c3033b7c2124110df398eb43c40bf34dbce6a36099b9b76152fbafe","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.601","next":"us-tx/tex.-insurance-code-882.603"},"notice":"GroundRules: Original legal text. Not legal advice."}
