Tex. Ins. Code Section 826.002
Authority to Convert to Stock Insurance Company


(a)

A mutual insurance company may convert to a stock insurance company.

(b)

A converting company may not engage in the business of insurance as a stock insurance company until it complies with the requirements of this chapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 826.002 — Authority to Convert to Stock Insurance Company, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­826.­htm#826.­002 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 826.002’s source at texas​.gov