Tex. Ins. Code § 2054.003 · Subchapter A. GENERAL PROVISIONS
OPERATION AS DOMESTIC MUTUAL INSURANCE COMPANY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The company operates as a domestic mutual insurance company under Chapter 883. The company is subject to that chapter, but is not subject to Chapter 826.
(b) The company:
(1) has the legal rights of a mutual insurance company operating under Chapter 883 and of an individual in this state; and
(2) may bring a suit in the company's own name without any procedural prerequisites to the exercise of that power.
(c) The company is not a state agency or executive agency or a governmental entity for any purpose.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 23 (S.B. 192), Sec. 1, eff. May 4, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2054.htm
- Text hash
- sha256 85f849c921555823a4124a16102ba9e10f3594a73884c4628f2a7a3014c6d841
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.