Sec. 822.051. FORMATION OF COMPANY. (a) Any number of persons may form a company for the purpose of engaging in the business of insurance.
(b) To form a company, each incorporator must adopt and sign the articles of incorporation of the company as provided by this code.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Subchapter B. Formation and Structure of Company
Section 822.051. Formation of Company
Section 822.052. Articles of Incorporation
Section 822.053. Company's Name
Section 822.054. Capital Stock and Surplus Requirements
Section 822.055. Shares of Stock With Par Value
Section 822.056. Shares of Stock Without Par Value
Section 822.057. Application for Charter
Section 822.058. Action by Commissioner After Filing of Application for Charter