yourstate.us
Home / Texas / Insurance Code
Tex. Insurance Code § 886.110

AUTOMATIC DISSOLUTION

Texas · Texas Insurance Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Insurance Code § 886.110, AUTOMATIC DISSOLUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680203
Permanent ID
ys:prov:680203@1
SHA-256
44b0c56b705d8c138d63c388e9b0b9d17cdcc8d5b942b0dbdfe954b881a406a1

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

A local mutual aid association is dissolved automatically and forfeits its right to engage in the business of insurance if: (1) the association's membership falls below 25 percent of the maximum value of the policy issued; or (2) the association's membership falls below 50 percent of the maximum value of the policy issued and the association fails to notify each member of the amount paid on the preceding death claim when assessment is made.