Tex. Ins. Code § 882.602
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If the policyholders of a mutual life insurance company authorize a conversion under Section 882.601, the board of directors and officers of the company shall amend the company's charter or articles of incorporation to comply with the requirements applicable to a stock legal reserve life insurance company under Chapter 841.
Tex. Ins. Code § 882.602