Sec. 829.105. SUBSTANTIAL COMPLIANCE WITH NOTICE REQUIREMENTS. If the converting exchange in good faith substantially complies with the notice requirements of this chapter, the converting exchange's failure to send a member the required notice does not impair the validity of an action taken under this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 412 (S.B. 1056), Sec. 1, eff. June 15, 2007.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle B - Organization of Regulated Entities
Subchapter C. Plan Adoption and Approval
Section 829.101. Plan Adoption
Section 829.102. Amendments; Withdrawal of Plan
Section 829.104. Notice to Eligible Members; Comments
Section 829.105. Substantial Compliance With Notice Requirements
Section 829.106. Approval of Plan by Commissioner