Tex. Ins. Code § 885.461 · Subchapter J. CONVERSION OF FRATERNAL BENEFIT SOCIETY
SOCIAL OR CHARITABLE CLUBS FORMED BY MEMBERS OF CONVERTED FRATERNAL BENEFIT SOCIETY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The members of a converted fraternal benefit society or the policyholders in the new corporation may form local clubs for social and charitable purposes. A club formed under this section:
(1) may not be connected with the management of the corporation; and
(2) does not affect the corporation's liability or the insurance in effect.
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.885.htm
- Text hash
- sha256 0d9577caef9c1700c62438e01b093a6a76c314c13d52e719bcf73cce0933244f
- 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.