{"data":{"id":"us-tx/tex.-insurance-code-911.055","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 911.055","heading":"APPLICATION FOR PERMIT TO SOLICIT INSURANCE.","body":"(a) At least 10 residents described by Section 911.054(a) that want to form a farm mutual insurance company may apply to the department for a permit to solicit insurance on the mutual or cooperative plan.\n(b) The application for a permit to solicit insurance must:\n(1) state:\n(A) that at least 100 individuals are members of an association described by Section 911.053(b)(1);\n(B) that the association has indicated, by majority vote, that the association wants to:\n(i) insure property of the association's members under this chapter; and\n(ii) be chartered as a farm mutual insurance company;\n(C) the name of the company, which must include the words \"Farm Mutual\" or \"Farmers Mutual\";\n(D) the location of the company's principal office;\n(E) the risks the company proposes to insure; and\n(F) the names and places of residence of at least 10 of the applicants; and\n(2) be accompanied by:\n(A) affidavits of at least two of the applicants, each of whom must:\n(i) state the applicant's name and residence; and\n(ii) verify the facts stated in the application; and\n(B) a filing fee in the amount of $25.\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 F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES","CHAPTER 911. FARM MUTUAL INSURANCE COMPANIES","SUBCHAPTER B. ORGANIZATION OF FARM MUTUAL INSURANCE COMPANY; DIRECTORS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.911.htm#911.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"548c20e02f2734d92bcf60b5eb5d04f93c90570418c18a4a5e090bcd504146d8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-911.054","next":"us-tx/tex.-insurance-code-911.056"},"notice":"GroundRules: Original legal text. Not legal advice."}