Tex. Ins. Code § 826.101 · Subchapter C. ADOPTION OF CONVERSION PLAN
PLAN INFORMATION FILED WITH COMMISSIONER; COMMISSIONER POWERS AND DUTIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Not later than the 90th day after the date on which a converting company's board of directors adopts a conversion plan, the company shall file with the commissioner:
(1) a copy of the documents relating to the conversion plan, including the valuation required by Section 826.054(a);
(2) the form of notice required by Section 826.104;
(3) the form of proxy to be solicited from eligible members under Section 826.107(a);
(4) the form of notice required by Section 826.151 to persons whose policies are issued after adoption of the conversion plan but before the effective date of the conversion plan;
(5) the proposed amended or restated articles of incorporation of the resulting company;
(6) a statement regarding acquisition of control, if applicable, as required by Chapter 823; and
(7) any other information requested by the commissioner.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.826.htm
- Text hash
- sha256 9ec51f2e91e1e17508b41209e60f19b81ec68f28d07eebfa0574bc1f42a994c5
- 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.
Insurance Code
- Tex. Ins. Code ch. 823INSURANCE HOLDING COMPANY SYSTEMSPrinted as Chapter 823
- Tex. Ins. Code § 826.054PURCHASE PRICE OF CAPITAL STOCK.Printed as Section 826.054(a)
- Tex. Ins. Code § 826.104NOTICE TO ELIGIBLE MEMBERS; COMMENTS.Printed as Section 826.104
- Tex. Ins. Code § 826.107ELECTION; APPROVAL OF PLAN; ADOPTION OF AMENDED OR RESTATED ARTICLES OF INCORPORATION.Printed as Section 826.107(a)
- Tex. Ins. Code § 826.151RIGHTS OF MEMBERS WHOSE POLICIES ARE ISSUED AFTER ADOPTION OF CONVERSION PLAN BUT BEFORE EFFECTIVE DATE.Printed as Section 826.151
Cited by 3 provisions
Provisions in this library whose text cites Tex. Ins. Code § 826.101. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 826.102APPROVAL OF PLAN BY COMMISSIONER.Printed as Section 826.101
- Tex. Ins. Code § 826.104NOTICE TO ELIGIBLE MEMBERS; COMMENTS.Printed as Section 826.101
- Tex. Ins. Code § 826.107ELECTION; APPROVAL OF PLAN; ADOPTION OF AMENDED OR RESTATED ARTICLES OF INCORPORATION.Printed as Sections 826.101 and 826.102
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.