Texas Statutes
§ 822.157 — ACTION BY COMMISSIONER AFTER FILING OF APPLICATION FOR CHARTER AMENDMENT.
Texas § 822.157
JurisdictionTexas
Code INInsurance Code
This text of Texas § 822.157 (ACTION BY COMMISSIONER AFTER FILING OF APPLICATION FOR CHARTER AMENDMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Insurance Code Code Ann. § 822.157 (2026).
Text
Sec. 822.157. ACTION BY COMMISSIONER AFTER FILING OF APPLICATION FOR CHARTER AMENDMENT.
(a)The commissioner may hold a hearing on an application for a charter amendment. If the commissioner determines to hold a hearing on the application, the commissioner, after the items required for the charter amendment are filed with the commissioner, shall set a date for the hearing and publish notice of the hearing in one or more daily newspapers of this state.
(b)The commissioner may not require a hearing for an amendment relating to one or more of the following issues:
(1)a stock dividend resulting from a legal transfer of surplus to capital;
(2)a change in the name of the insurance company; or
(3)a change in the location of the insurance company's principal business office.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 822.001
APPLICABILITY OF CHAPTER.§ 822.051
FORMATION OF COMPANY.§ 822.052
ARTICLES OF INCORPORATION.§ 822.053
COMPANY'S NAME.§ 822.055
SHARES OF STOCK WITH PAR VALUE.§ 822.056
SHARES OF STOCK WITHOUT PAR VALUE.§ 822.057
APPLICATION FOR CHARTER.§ 822.060
ACTION ON APPLICATION.§ 822.061
ISSUANCE OF CHARTER.§ 822.101
CERTIFICATE OF AUTHORITY.§ 822.151
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Bluebook (online)
Texas § 822.157, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/822.157.