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Tex. Insurance Code § 829.102

AMENDMENTS; WITHDRAWAL OF PLAN

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 829.102, AMENDMENTS; WITHDRAWAL OF PLAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679229
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Before a conversion plan takes effect, a converting exchange may amend or withdraw the plan by the affirmative vote of at least two-thirds of the members of its board of directors or, if the exchange does not have a board of directors, by approval of the attorney in fact. The written consent of the commissioner is required for any amendment to a conversion plan adopted after the commissioner has approved the plan under Section 829.106.