Texas Statutes
§ 882.101 — ISSUANCE OF CERTIFICATE OF AUTHORITY.
Texas § 882.101
JurisdictionTexas
Code INInsurance Code
This text of Texas § 882.101 (ISSUANCE OF CERTIFICATE OF AUTHORITY.) 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. § 882.101 (2026).
Text
Sec. 882.101. ISSUANCE OF CERTIFICATE OF AUTHORITY.
(a)After the examination of a mutual life insurance company under Section 882.059 , the commissioner shall issue a certificate of authority to the company if the commissioner finds that:
(1)the company has complied with all applicable laws;
(2)the company satisfies the unencumbered surplus requirements of Section 882.055 ; and
(3)the company's unencumbered surplus is in the custody of the company's officers.
(b)A certificate of authority issued under this section authorizes the company to engage in the business of life, health, or accident insurance in this state as may be specified in the company's charter or charter application.
SUBCHAPTER D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 882.002
EXAMINATION OF COMPANY.§ 882.003
ANNUAL STATEMENT.§ 882.051
AUTHORITY TO FORM COMPANY; PURPOSE.§ 882.053
COMPANY'S NAME.§ 882.054
INITIAL BOARD OF DIRECTORS; TERM.§ 882.055
UNENCUMBERED SURPLUS REQUIREMENTS.§ 882.056
APPLICATION FOR CHARTER.§ 882.057
APPLICATION PROCESS.§ 882.058
ACTION ON APPLICATION.§ 882.059
EXAMINATION AFTER DETERMINATION.§ 882.151
BOARD OF DIRECTORS.§ 882.152
ADOPTION OF INITIAL BYLAWS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 882.101, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/882.101.