Texas Insurance Code
§ 826.002 — AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY
IN § 826.002Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part B. ORGANIZATION OF REGULATED ENTITIES · Ch. 826. CONVERSION OF MUTUAL INSURANCE COMPANY TO STOCK INSURANCE COMPANY · Art. A. GENERAL PROVISIONS
Statute text
View on source(a)A mutual insurance company may convert to a stock insurance company.
(b)A converting company may not engage in the business of insurance as a stock insurance company until it complies with the requirements of this chapter.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.