Tex. Ins. Code § 882.451
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Sections 882.452, 882. 453, and 882.454 do not apply to a mutual life insurance company organized under this chapter that has a surplus of at least the minimum amount of capital and surplus required of a capital stock company under Sections 841.054, 841.204, 841.205, 841.301, and 841.302.
Tex. Ins. Code § 882.451