Tex. Ins. Code § 829.108 · Subchapter C. PLAN ADOPTION AND APPROVAL
FILING OF MINUTES, ARTICLES OF INCORPORATION, AND BYLAWS; EFFECTIVE DATE OF CONVERSION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The converting exchange shall file with the commissioner:
(1) the minutes of the meeting at which the plan was approved; and
(2) the articles of incorporation and bylaws of the resulting company and the mutual holding company.
(b) The converting exchange shall make the filing required by Subsection (a) not later than the 30th day after the later of:
(1) the date on which the eligible members approve the conversion plan; or
(2) the date on which the commissioner approves the conversion plan.
(c) The conversion plan approved by the commissioner takes effect on the date specified in the articles of incorporation of the resulting company and the mutual holding company.
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 a6dff0d8aa5aa43a04b67ef121655e135849fe0a9b07740ba16a3220c40ec9c4
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 829.108. 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.