Tex. Ins. Code § 884.602 · Subchapter M. CONVERSION TO LEGAL RESERVE COMPANY
ASSUMPTION CERTIFICATE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than the 30th day after the date of a conversion under this subchapter, the converted company shall issue to each policyholder an assumption certificate by which the policy liability is assumed by the converted company.
(b) The certificate must contain all of the provisions applicable to a policy issued by a company operating under Chapter 841.
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.884.htm
- Text hash
- sha256 db304d59af37db17dd0643f678bd088e6c2409de5eb486cecb09a5b67f196c92
- 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.