Tex. Insurance Code § 882.562
ASSUMPTION OF LIABILITIES
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 882.562, ASSUMPTION OF LIABILITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679887
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Full text
On the effective date of a merger or consolidation under this subchapter, a new or surviving life insurance company resulting from the merger or consolidation assumes all liabilities of the original companies.