Tex. Ins. Code § 882.605

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

Section 882.605 - Conversion on Commissioner Approval

A mutual life insurance company is converted to a stock legal reserve life insurance company if:

(1) the company complies with this subchapter; and

(2) after hearing, the conversion is approved by the commissioner.

Tex. Ins. Code § 882.605

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