Texas Insurance Code

§ 886.103 — ARTICLES OF ASSOCIATION, CONSTITUTION, AND BYLAWS

IN § 886.103Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 886. LOCAL MUTUAL AID ASSOCIATIONS · Art. C. POWERS AND DUTIES OF ASSOCIATION

Statute text

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(a)The articles of association of a local mutual aid association must state:

(1)the name of the association, which must be distinctly different from other associations operating in the same area;

(2)the purpose for which the association is created, including the upper and lower age limits of individuals to whom benefit certificates may be issued;

(3)the location of the principal office of the association;

(4)the territory in which the association will engage in business;

(5)the titles of the officers of the association; and

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Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.