Tex. Ins. Code § 885.501 · Subchapter K. TERMINATION OF FRATERNAL BENEFIT SOCIETY
DISCONTINUATION OF BUSINESS BY DOMESTIC FRATERNAL BENEFIT SOCIETY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A domestic fraternal benefit society's certificate of authority becomes void if the society:
(1) discontinues business for a period of one year; or
(2) has fewer than 400 members holding benefit certificates.
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 fedb4eebccb81e1fc3a5db65b0057a7cfbc174c984603a9623068565385854d4
- 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.