Sec. 826.110. LIMITATION ON ACTIONS. An action challenging the validity of or arising out of acts taken or proposed to be taken regarding a conversion plan under this chapter must be commenced not later than the 30th day after the effective date of the conversion plan.
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 826 - Conversion of Mutual Insurance Company to Stock Insurance Company
Subchapter C. Adoption of Conversion Plan
Section 826.101. Plan Information Filed With Commissioner; Commissioner Powers and Duties
Section 826.102. Approval of Plan by Commissioner
Section 826.103. Amendments; Withdrawal of Plan
Section 826.104. Notice to Eligible Members; Comments
Section 826.105. Substantial Compliance With Notice Requirements
Section 826.106. Insolvent Converting Company; Notice Requirements