Texas § 885.459 NAME OF CONVERTED FRATERNAL BENEFIT SOCIETY.

Texas Statutes

§ 885.459 — NAME OF CONVERTED FRATERNAL BENEFIT SOCIETY.

Texas § 885.459

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 885.459 (2026).

Text

Sec. 885.459. NAME OF CONVERTED FRATERNAL BENEFIT SOCIETY. The name of a mutual life insurance company or incorporated stock company to which a fraternal benefit society converts:

(1)must, if possible, be a continuation of the society's name; and

(2)may not, if the new company's name is changed from the society's name, be:

(A)the same as that of any other company engaging in business in this state; or

(B)a name similar to that of any other company engaging in business in this state.

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Sec. 885.459. NAME OF CONVERTED FRATERNAL BENEFIT SOCIETY. The name of a mutual life insurance company or incorporated stock company to which a fraternal benefit society converts:
(1) must, if possible, be a continuation of the society's name; and
(2) may not, if the new company's name is changed from the society's name, be:
(A) the same as that of any other company engaging in business in this state; or
(B) a name similar to that of any other company engaging in business in this state.