Tex. Insurance Code § 885.501
DISCONTINUATION OF BUSINESS BY DOMESTIC FRATERNAL BENEFIT SOCIETY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 885.501, DISCONTINUATION OF BUSINESS BY DOMESTIC FRATERNAL BENEFIT SOCIETY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680174
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Full text
A domestic fraternal benefit society's certificate of authority becomes void if the society:
(1) discontinues business for a period of one year; or
(2) has fewer than 400 members holding benefit certificates.