Tex. Insurance Code § 882.563
EFFECT OF MERGER OR CONSOLIDATION ON PROPERTY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 882.563, EFFECT OF MERGER OR CONSOLIDATION ON PROPERTY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679888
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Full text
On the effective date of a merger or consolidation under this subchapter, the property rights, including any right of recovery, of each company that is a party to the merger or consolidation are transferred to the new or surviving life insurance company resulting from the merger or consolidation without a deed or other transfer.