Texas Statutes
§ 884.254 — TRANSFER OF STOCK.
Texas § 884.254
JurisdictionTexas
Code INInsurance Code
This text of Texas § 884.254 (TRANSFER OF STOCK.) 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. § 884.254 (2026).
Text
Sec. 884.254. TRANSFER OF STOCK.
(a)A stipulated premium company's shares of stock are transferable on the company's books, in accordance with law and the bylaws of the company, by the owner or the owner's authorized agent.
(b)Each person who becomes a shareholder by a transfer of shares succeeds to all rights of the former holder of those shares, by reason of that ownership.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Nearby Sections
15
§ 884.001
DEFINITION.§ 884.003
ADMITTED ASSETS.§ 884.051
FORMATION OF COMPANY.§ 884.052
ARTICLES OF INCORPORATION.§ 884.053
COMPANY'S NAME.§ 884.055
SHARES OF STOCK.§ 884.056
APPLICATION FOR CHARTER.§ 884.058
EXAMINATION AFTER DETERMINATION.§ 884.059
ACTION ON APPLICATION.§ 884.060
BEGINNING OF CORPORATE EXISTENCE.§ 884.061
ORGANIZATIONAL MEETING.§ 884.101
SCHEDULE OF ASSETS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 884.254, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/884.254.