Tex. Ins. Code § 829.103 · Subchapter C. PLAN ADOPTION AND APPROVAL
FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than the 90th day after the date on which a converting exchange's board of directors adopts a conversion plan, the converting exchange shall file with the commissioner:
(1) a copy of the conversion plan;
(2) the form of notices required by Section 829.104;
(3) the form of proxy to be solicited from eligible members under Section 829.107(a);
(4) the form of notice required by Section 829.153 to persons whose policies are issued after adoption of the conversion plan but before the effective date of the conversion plan; and
(5) the proposed articles of incorporation of the resulting company and the mutual holding company.
(b) The converting exchange shall promptly provide any other information requested by the commissioner that the commissioner considers necessary to consider the conversion plan.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 412 (S.B. 1056), Sec. 1, eff. June 15, 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.829.htm
- Text hash
- sha256 fde5c656a2c5f15e105a49649fe58ce3a71334381c2c3b3430b7dbe4f16ce055
- 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 § 829.104NOTICE TO ELIGIBLE MEMBERS; COMMENTS.Printed as Section 829.104
- Tex. Ins. Code § 829.107APPROVAL OF PLAN BY ELIGIBLE MEMBERS.Printed as Section 829.107(a)
- Tex. Ins. Code § 829.153RIGHTS OF MEMBERS WHOSE POLICIES ARE ISSUED AFTER ADOPTION OF CONVERSION PLAN BUT BEFORE EFFECTIVE DATE.Printed as Section 829.153
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 829.103. Each shows the citation as that text prints it.
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.