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Tex. Insurance Code § 885.159

TERMINATION OF AUTHORITY UNDER PRELIMINARY CERTIFICATE OF AUTHORITY

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 885.159, TERMINATION OF AUTHORITY UNDER PRELIMINARY CERTIFICATE OF AUTHORITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680102
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(a) Unless a fraternal benefit society has qualified under this subchapter, a preliminary certificate of authority granted under Section 885. 157 is void on the first anniversary of the date the certificate is issued. (b) The department, on cause shown, may extend the period prescribed by Subsection (a). An extension may not exceed one year.