{"data":{"id":"us-tx/tex.-insurance-code-887.503","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 887.503","heading":"APPROVAL BY MEMBERSHIP.","body":"An association may convert under this subchapter only if the association's membership votes to approve the conversion at a meeting called for that purpose.\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 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES","SUBCHAPTER K. CONVERSION TO STOCK LEGAL RESERVE LIFE INSURANCE COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.887.htm#887.503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"c2f727fce4888f0770cb3e33bdc77bf4f4fda2bc0a6f6ea5041d1ba75682e62e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-887.502","next":"us-tx/tex.-insurance-code-887.504"},"notice":"GroundRules: Original legal text. Not legal advice."}