APPLICABILITY OF OTHER LAW TO COMPANY

(a) Except as expressly provided by this code, a provision of this code, other than this chapter, does not apply to a stipulated premium company organized under this chapter. (b) A law enacted after August 28, 1961, does not apply to a stipulated premium company unless stipulated premium companies are expressly designated in the law. (c) The following provisions of this code apply to a stipulated premium company: (1) Article 21.47; (2) Section 38.001; (3) Chapter 86; (4) Subchapter A, Chapter 401; (5) Sections 401.051, 401.052, 401.054-401.062, 401.151, 401.152, 401.155, and 401.156; (6) Sections 403.001, 403.052, and 403.102; (7) Subchapter A, Chapter 404; (8) Section 421.001; (9) Subchapter D, Chapter 425; (10) Chapter 443; (11) Chapter 493, other than Section 493.051(b); (12) Chapter 541; (13) Sections 801.001-801.002; (14) Sections 801.051-801.055; (15) Section 801.057; (16) Sections 801.101-801.102; (17) Subchapter A, Chapter 821; (18) Chapter 824; (19) Chapter 828; (20) Section 841.251; (21) Section 841.259; (22) Section 841.261; (23) Section 841.703; and (24) Chapter 4152. (d) The Securities Act (Title 12, Government Code) applies to a stipulated premium company. (e) The Texas Business Corporation Act applies to a stipulated premium company to the extent that law is not inconsistent with an insurance law applicable to a stipulated premium company. The department shall perform a duty imposed by the Texas Business Corporation Act on the office of the secretary of state that is applicable to a stipulated premium company.