Texas Statutes
§ 826.003 — RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE.
Texas § 826.003
JurisdictionTexas
Code INInsurance Code
This text of Texas § 826.003 (RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE.) 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. § 826.003 (2026).
Text
Sec. 826.003. RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE. Except as provided by this chapter, a resulting company:
(1)may exercise only the rights and privileges of a stock insurance company; and
(2)is subject to:
(A)all of the requirements and rules imposed on stock insurance companies organized under this code; and
(B)the laws of this state relating to the regulation or supervision of insurance companies.
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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 § 826.003, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/826.003.