Texas Statutes
Subtitle B - Organization of Regulated Entities
Chapter 825 - Conversion of Stock Insurance Company to Mutual Insurance Company

Subchapter A. General Provisions

Section 825.001. Definitions - Sec. 825.001. DEFINITIONS. In this chapter: (1) "Converting company" means...

Section 825.002. Authority to Convert to Mutual Insurance Company - Sec. 825.002. AUTHORITY TO CONVERT TO MUTUAL INSURANCE COMPANY. (a)...

Subchapter B. Stock Acquisition Plan

Section 825.051. Contents of Stock Acquisition Plan - Sec. 825.051. CONTENTS OF STOCK ACQUISITION PLAN. (a) A stock...

Section 825.052. Sufficient Assets Required - Sec. 825.052. SUFFICIENT ASSETS REQUIRED. The commissioner may not approve...

Section 825.053. Stock Acquisition Plan Approval - Sec. 825.053. STOCK ACQUISITION PLAN APPROVAL. A policyholders' meeting for...

Section 825.054. Policyholder Eligibility - Sec. 825.054. POLICYHOLDER ELIGIBILITY. To be eligible to participate in...

Section 825.055. Policyholders' Meeting - Sec. 825.055. POLICYHOLDERS' MEETING. (a) A converting company shall give...

Section 825.056. Policyholder Voting - Sec. 825.056. POLICYHOLDER VOTING. (a) A policyholder may vote in...

Subchapter C. Acquisition of Shares

Section 825.101. Issuance of Annuity Bonds in Payment of Stock - Sec. 825.101. ISSUANCE OF ANNUITY BONDS IN PAYMENT OF STOCK....

Section 825.102. Acquisition in Trust - Sec. 825.102. ACQUISITION IN TRUST. (a) Until all of the...

Section 825.103. Distribution of Dividends - Sec. 825.103. DISTRIBUTION OF DIVIDENDS. After conversion, the converting company...

Section 825.104. Conversion Complete on Cancellation of Stock; Application of Certain Laws - Sec. 825.104. CONVERSION COMPLETE ON CANCELLATION OF STOCK; APPLICATION OF...