Tex. Ins. Code § 826.057

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 826.057 - Rights of Holder of Surplus Notes

A conversion plan must provide that any rights of a holder of a surplus note to participate in the conversion are governed by the terms of the surplus note.

Tex. Ins. Code § 826.057

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.