Sec. 826.203. APPLICABILITY OF CERTAIN LAWS; INCORPORATION. A mutual holding company that results from the reorganization of a domestic mutual insurance company organized under Chapter 883 must be organized under Sections 883.051, 883.052, 883.054, and 883.056. The articles of incorporation, and any amendments to those articles, of the mutual holding company are subject to approval of the commissioner in the same manner as those of a mutual insurance company.
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 E. Conversion Through Mutual Holding Company
Section 826.201. Conversion Through Creation of Holding Company
Section 826.202. Commissioner Powers and Duties; Approval
Section 826.203. Applicability of Certain Laws; Incorporation
Section 826.204. Membership Interests
Section 826.205. Capital Stock Held by Mutual Holding Company
Section 826.206. Conversion of Foreign Mutual Insurance Company