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Tex. Insurance Code § 826.002

AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 826.002, AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679151
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(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.