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Tex. Insurance Code § 826.003

RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 826.003, RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679152
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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.