Tex. Ins. Code § 882.605 · Subchapter M. CONVERSION OF MUTUAL LIFE INSURANCE COMPANY TO STOCK LEGAL RESERVE LIFE INSURANCE COMPANY

CONVERSION ON COMMISSIONER APPROVAL.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

A mutual life insurance company is converted to a stock legal reserve life insurance company if:

(1) the company complies with this subchapter; and

(2) after hearing, the conversion is approved 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.882.htm
Text hash: sha256 ecb7e737c4892fe433926870968987fc7e36bd5ccb6690d4349ca9c3045e3c41
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.