{"data":{"id":"us-tx/tex.-insurance-code-884.051","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 884.051","heading":"FORMATION OF COMPANY.","body":"(a) Five or more, but not more than 35, residents of this state may form a stipulated premium company.\n(b) To form a stipulated premium company:\n(1) each incorporator must sign and acknowledge the articles of incorporation of the company; and\n(2) the incorporators must file the articles of incorporation with the department.\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 884. STIPULATED PREMIUM INSURANCE COMPANIES","SUBCHAPTER B. FORMATION AND STRUCTURE OF STIPULATED PREMIUM INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.884.htm#884.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"b95abeef2dd7a98d3f0d836f519684220e82cd975da2c35e95b081b01f996165","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-884.003","next":"us-tx/tex.-insurance-code-884.052"},"notice":"GroundRules: Original legal text. Not legal advice."}