{"data":{"id":"us-tx/tex.-insurance-code-942.054","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 942.054","heading":"NAME OF EXCHANGE.","body":"(a) The name of an exchange must contain the term \"reciprocal,\" \"inter-insurance exchange,\" \"underwriters,\" \"association,\" \"exchange,\" \"underwriting,\" \"inter-insurers,\" or \"inter-insurors.\"\n(b) The name selected for an exchange may not be so similar to the name of a similar organization or an insurer that, in the opinion of the department, the name is calculated to confuse or deceive.\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 G. LLOYD'S PLAN AND RECIPROCAL AND INTERINSURANCE EXCHANGES","CHAPTER 942. RECIPROCAL AND INTERINSURANCE EXCHANGES","SUBCHAPTER B. FORMATION AND STRUCTURE OF EXCHANGE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.942.htm#942.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"d9d94f63fc260b8314328dab3076429565b5b95bde998ead0ae18f80d0bff5f4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-942.053","next":"us-tx/tex.-insurance-code-942.055"},"notice":"GroundRules: Original legal text. Not legal advice."}