{"data":{"id":"us-tx/tex.-insurance-code-887.506","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 887.506","heading":"COMPLETION OF CONVERSION.","body":"An association becomes a stock legal reserve life insurance company on:\n(1) compliance with this subchapter; and\n(2) approval 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 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#887.506","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"31fec23926f38138c56fd9dc0494d34bbde260ab8b12e682a973cfe54f8ca740","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-887.505","next":"us-tx/tex.-insurance-code-887.507"},"notice":"GroundRules: Original legal text. Not legal advice."}
