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Tex. Insurance Code § 887.152

QUALIFYING MEMBERSHIP IN ASSOCIATION

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 887.152, QUALIFYING MEMBERSHIP IN ASSOCIATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680242
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(a) An individual must qualify under an association's bylaws to become a member of the association. (b) An association must maintain the qualifying membership at all times. If an association fails to maintain the qualifying membership, the commissioner shall treat the association as insolvent.