Texas § 829.103 FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES.

Texas Statutes

§ 829.103 — FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES.

Texas § 829.103

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This text of Texas § 829.103 (FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES.) 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.

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Tex. Insurance Code Code Ann. § 829.103 (2026).

Text

Sec. 829.103. FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES.

(a)Not later than the 90th day after the date on which a converting exchange's board of directors adopts a conversion plan, the converting exchange shall file with the commissioner:

(1)a copy of the conversion plan;

(2)the form of notices required by Section 829.104 ;

(3)the form of proxy to be solicited from eligible members under Section 829.107 (a);

(4)the form of notice required by Section 829.153 to persons whose policies are issued after adoption of the conversion plan but before the effective date of the conversion plan; and

(5)the proposed articles of incorporation of the resulting company and the mutual holding company.

(b)The converting exchange shall promptly provide an

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Sec. 829.103. FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER; COMMISSIONER'S POWERS AND DUTIES. (a) Not later than the 90th day after the date on which a converting exchange's board of directors adopts a conversion plan, the converting exchange shall file with the commissioner:
(1) a copy of the conversion plan;
(2) the form of notices required by Section 829.104 ;
(3) the form of proxy to be solicited from eligible members under Section 829.107 (a);
(4) the form of notice required by Section 829.153 to persons whose policies are issued after adoption of the conversion plan but before the effective date of the conversion plan; and
(5) the proposed articles of incorporation of the resulting company and the mutual holding company.
(b) The converting exchange shall promptly provide any other information requested by the commissioner that the commissioner considers necessary to consider the conversion plan.