Tex. Ins. Code § 941.354 · Subchapter H. CONVERSION TO CAPITAL STOCK INSURANCE COMPANY
COMMISSIONER APPROVAL OF CONVERSION PLAN.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
On the commissioner's approval of the conversion plan and the formation of the capital stock insurance company, all assets, interests, obligations, and liabilities of the Lloyd's plan, including all outstanding policies and insurance obligations, are transferred to the capital stock insurance company, except as otherwise provided by this subchapter.
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.941.htm
- Text hash
- sha256 50f426e5b6f08d760e0a889226f9b24ee8b62bb0c8f8a892678b33c3fd1114ee
- 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.