Texas § 826.152 AMENDMENT OF POLICIES.

Texas Statutes

§ 826.152 — AMENDMENT OF POLICIES.

Texas § 826.152

Code INInsurance Code

This text of Texas § 826.152 (AMENDMENT OF POLICIES.) 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. § 826.152 (2026).

Text

Sec. 826.152. AMENDMENT OF POLICIES. A converting company, by endorsement or rider approved by the commissioner and sent to the policyholder, may simultaneously with or at any time after the adoption of a conversion plan amend an insurance policy in effect to terminate a right of the holder of the policy to share in the surplus or profits of the converting company. The amendment is void if the conversion plan does not take effect.
SUBCHAPTER E. CONVERSION THROUGH MUTUAL HOLDING COMPANY

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Sec. 826.152. AMENDMENT OF POLICIES. A converting company, by endorsement or rider approved by the commissioner and sent to the policyholder, may simultaneously with or at any time after the adoption of a conversion plan amend an insurance policy in effect to terminate a right of the holder of the policy to share in the surplus or profits of the converting company. The amendment is void if the conversion plan does not take effect.
SUBCHAPTER E. CONVERSION THROUGH MUTUAL HOLDING COMPANY