Texas § 882.052 FORMATION OF COMPANY; ARTICLES OF INCORPORATION.

Texas Statutes

§ 882.052 — FORMATION OF COMPANY; ARTICLES OF INCORPORATION.

Texas § 882.052

Code INInsurance Code

This text of Texas § 882.052 (FORMATION OF COMPANY; ARTICLES OF INCORPORATION.) 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. § 882.052 (2026).

Text

Sec. 882.052. FORMATION OF COMPANY; ARTICLES OF INCORPORATION.

(a)Nine or more persons who are residents of this state may form a mutual life insurance company by executing and acknowledging articles of incorporation for that purpose.

(b)The articles of incorporation of the proposed company must state:

(1)the name and residence of each incorporator;

(2)the name of the company;

(3)the location of the company's principal office at which company business is to be transacted;

(4)the number of directors;

(5)the name and residence of each initial director; and

(6)the amount of the company's unencumbered surplus.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 882.052. FORMATION OF COMPANY; ARTICLES OF INCORPORATION. (a) Nine or more persons who are residents of this state may form a mutual life insurance company by executing and acknowledging articles of incorporation for that purpose.
(b) The articles of incorporation of the proposed company must state:
(1) the name and residence of each incorporator;
(2) the name of the company;
(3) the location of the company's principal office at which company business is to be transacted;
(4) the number of directors;
(5) the name and residence of each initial director; and
(6) the amount of the company's unencumbered surplus.