Tex. Ins. Code § 882.152 · Subchapter D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
ADOPTION OF INITIAL BYLAWS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) At the first meeting of the initial board of directors of a mutual life insurance company after the department issues a certificate of authority to the company, the board shall adopt the initial bylaws of the company.
(b) The bylaws adopted under Subsection (a) shall govern the company until the first annual meeting of the board of directors.
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.882.htm
- Text hash
- sha256 6c1675ed8a7132123f3aa7d6c35f781561a27fb7b9562f9016ce094d0196def7
- 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
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.