{"data":{"id":"us-tx/tex.-insurance-code-882.605","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 882.605","heading":"CONVERSION ON COMMISSIONER APPROVAL.","body":"A mutual life insurance company is converted to a stock legal reserve life insurance company if:\n(1) the company complies with this subchapter; and\n(2) after hearing, the conversion is approved by the commissioner.\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#882.605","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"ec7cab76aaec43083d6fb271bb3f5d2c5a932e474b92dd229ee61d7cf22af772","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-882.604","next":"us-tx/tex.-insurance-code-882.606"},"notice":"GroundRules: Original legal text. Not legal advice."}