Texas Statutes
§ 826.002 — AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY.
Texas § 826.002
JurisdictionTexas
Code INInsurance Code
This text of Texas § 826.002 (AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY.) 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. § 826.002 (2026).
Text
Sec. 826.002. AUTHORITY TO CONVERT TO STOCK INSURANCE COMPANY.
(a)A mutual insurance company may convert to a stock insurance company.
(b)A converting company may not engage in the business of insurance as a stock insurance company until it complies with the requirements of this chapter.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 826.001
DEFINITIONS.§ 826.004
CERTAIN CONVERSIONS PROHIBITED.§ 826.005
CORPORATE EXISTENCE.§ 826.051
PLAN ADOPTION.§ 826.053
SALE OF CAPITAL STOCK.§ 826.054
PURCHASE PRICE OF CAPITAL STOCK.§ 826.056
DIRECTORS AND OFFICERS.§ 826.057
RIGHTS OF HOLDER OF SURPLUS NOTES.§ 826.060
LIQUIDATION ACCOUNT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 826.002, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/826.002.