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Tex. Insurance Code § 887.065

MERGER

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 887.065, MERGER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680234
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(a) An association may not merge with another association without the advance approval of the department. (b) The department may grant approval under Subsection (a) only after the department: (1) completely investigates the facts; and (2) determines that the proposed merger is to the advantage of the members.