Texas Statutes
§ 825.103 — DISTRIBUTION OF DIVIDENDS.
Texas § 825.103
JurisdictionTexas
Code INInsurance Code
This text of Texas § 825.103 (DISTRIBUTION OF DIVIDENDS.) 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. § 825.103 (2026).
Text
Sec. 825.103. DISTRIBUTION OF DIVIDENDS. After conversion, the converting company shall annually distribute among its policyholders, under terms approved by the commissioner, dividends or earnings accruing to the converting company as the result of the acquisition of shares of the converting company's stock under this chapter.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
12
§ 825.001
DEFINITIONS.§ 825.051
CONTENTS OF STOCK ACQUISITION PLAN.§ 825.052
SUFFICIENT ASSETS REQUIRED.§ 825.053
STOCK ACQUISITION PLAN APPROVAL.§ 825.054
POLICYHOLDER ELIGIBILITY.§ 825.055
POLICYHOLDERS' MEETING.§ 825.056
POLICYHOLDER VOTING.§ 825.102
ACQUISITION IN TRUST.§ 825.103
DISTRIBUTION OF DIVIDENDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 825.103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/825.103.