Sec. 824.001. AUTHORITY TO MERGE OR CONSOLIDATE. Two or more insurance corporations that engage in a similar line of the business of insurance may merge or consolidate under this chapter.
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
Chapter 824 - Merger and Consolidation of Stock Insurance Corporations
Subchapter A. Authority and Procedures
Section 824.001. Authority to Merge or Consolidate
Section 824.002. Procedures; Applicability of Texas Business Corporation Act
Section 824.003. Proposed Plan of Merger or Consolidation; Approval of Directors and Shareholders