Texas Statutes
Subtitle B - Organization of Regulated Entities
Chapter 829 - Conversion of Reciprocal or Interinsurance Exchange to Stock Company Through Creation of a Mutual Holding Company

Subchapter A. General Provisions

Section 829.001. Definitions - Sec. 829.001. DEFINITIONS. In this chapter: (1) "Attorney in fact"...

Section 829.002. Authority to Convert Through Creation of a Mutual Holding Company - Sec. 829.002. AUTHORITY TO CONVERT THROUGH CREATION OF A MUTUAL...

Section 829.003. Rights and Privileges of Resulting Company; Laws Applicable - Sec. 829.003. RIGHTS AND PRIVILEGES OF RESULTING COMPANY; LAWS APPLICABLE....

Section 829.004. Mutual Holding Company; Laws Applicable - Sec. 829.004. MUTUAL HOLDING COMPANY; LAWS APPLICABLE. (a) Except as...

Section 829.005. Conflict of Interest - Sec. 829.005. CONFLICT OF INTEREST. (a) Except as provided by...

Section 829.006. Limitation on Actions - Sec. 829.006. LIMITATION ON ACTIONS. (a) Except as provided by...

Section 829.007. Sale of Securities - Sec. 829.007. SALE OF SECURITIES. (a) A sale, issuance, or...

Subchapter B. Mutual Holding Company Structure

Section 829.051. Capital Stock Held by Mutual Holding Company - Sec. 829.051. CAPITAL STOCK HELD BY MUTUAL HOLDING COMPANY. (a)...

Section 829.052. Limitation on Acquisition of Capital Stock - Sec. 829.052. LIMITATION ON ACQUISITION OF CAPITAL STOCK. (a) The...

Section 829.053. Directors and Officers - Sec. 829.053. DIRECTORS AND OFFICERS. (a) Except as otherwise provided...

Section 829.054. Subscription Rights; Tax-Qualified Employee Benefit Plan - Sec. 829.054. SUBSCRIPTION RIGHTS; TAX-QUALIFIED EMPLOYEE BENEFIT PLAN. The conversion...

Subchapter C. Plan Adoption and Approval

Section 829.101. Plan Adoption - Sec. 829.101. PLAN ADOPTION. (a) To convert under this chapter...

Section 829.102. Amendments; Withdrawal of Plan - Sec. 829.102. AMENDMENTS; WITHDRAWAL OF PLAN. Before a conversion plan...

Section 829.103. Filing of Plan and Related Documents With Commissioner; Commissioner's Powers and Duties - Sec. 829.103. FILING OF PLAN AND RELATED DOCUMENTS WITH COMMISSIONER;...

Section 829.104. Notice to Eligible Members; Comments - Sec. 829.104. NOTICE TO ELIGIBLE MEMBERS; COMMENTS. (a) The converting...

Section 829.105. Substantial Compliance With Notice Requirements - Sec. 829.105. SUBSTANTIAL COMPLIANCE WITH NOTICE REQUIREMENTS. If the converting...

Section 829.106. Approval of Plan by Commissioner - Sec. 829.106. APPROVAL OF PLAN BY COMMISSIONER. (a) The commissioner...

Section 829.107. Approval of Plan by Eligible Members - Sec. 829.107. APPROVAL OF PLAN BY ELIGIBLE MEMBERS. (a) After...

Section 829.108. Filing of Minutes, Articles of Incorporation, and Bylaws; Effective Date of Conversion - Sec. 829.108. FILING OF MINUTES, ARTICLES OF INCORPORATION, AND BYLAWS;...

Subchapter D. Effect of Plan; Rights of Members

Section 829.151. Corporate Existence - Sec. 829.151. CORPORATE EXISTENCE. (a) On the effective date: (1)...

Section 829.152. Membership Interests - Sec. 829.152. MEMBERSHIP INTERESTS. (a) The membership interests of the...

Section 829.153. Rights of Members Whose Policies Are Issued After Adoption of Conversion Plan but Before Effective Date - Sec. 829.153. RIGHTS OF MEMBERS WHOSE POLICIES ARE ISSUED AFTER...

Section 829.154. Effect of Conversion on Policies; Subscriber Accounts - Sec. 829.154. EFFECT OF CONVERSION ON POLICIES; SUBSCRIBER ACCOUNTS. (a)...