Texas § 825.054 POLICYHOLDER ELIGIBILITY.

Texas Statutes

§ 825.054 — POLICYHOLDER ELIGIBILITY.

Texas § 825.054

Code INInsurance Code

This text of Texas § 825.054 (POLICYHOLDER ELIGIBILITY.) 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. § 825.054 (2026).

Text

Sec. 825.054. POLICYHOLDER ELIGIBILITY. To be eligible to participate in a policyholders' meeting held to approve a stock acquisition plan, a policyholder must have insurance coverage issued by the converting company that:

(1)is in the amount of at least $1,000;

(2)is in force on the date of the policyholders' meeting; and

(3)has been in force for at least one year before the date of the policyholders' meeting.

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Sec. 825.054. POLICYHOLDER ELIGIBILITY. To be eligible to participate in a policyholders' meeting held to approve a stock acquisition plan, a policyholder must have insurance coverage issued by the converting company that:
(1) is in the amount of at least $1,000;
(2) is in force on the date of the policyholders' meeting; and
(3) has been in force for at least one year before the date of the policyholders' meeting.