Tex. Ins. Code § 882.563

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 882.563 - Effect of Merger or Consolidation on Property

On the effective date of a merger or consolidation under this subchapter, the property rights, including any right of recovery, of each company that is a party to the merger or consolidation are transferred to the new or surviving life insurance company resulting from the merger or consolidation without a deed or other transfer.

Tex. Ins. Code § 882.563

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