Tex. Ins. Code Section 826.003
Rights and Privileges of Resulting Company; Laws Applicable

Except as provided by this chapter, a resulting company:

(1)

may exercise only the rights and privileges of a stock insurance company; and

(2)

is subject to:

(A)

all of the requirements and rules imposed on stock insurance companies organized under this code; and

(B)

the laws of this state relating to the regulation or supervision of insurance companies.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 826.003 — Rights and Privileges of Resulting Company; Laws Applicable, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­826.­htm#826.­003 (accessed May 18, 2024).

Green check means up to date. Up to date

Accessed:
May 18, 2024

§ 826.003’s source at texas​.gov