Tex. Insurance Code § 825.001
DEFINITIONS
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 825.001, DEFINITIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679134
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Full text
In this chapter:
(1) "Converting company" means a stock insurance company that converts to a mutual insurance company under this chapter.
(2) "Resulting company" means a mutual insurance company to which a stock insurance company converts under this chapter.
(3) "Stock acquisition plan" means a converting company's plan for the acquisition of shares of its capital stock.