Sec. 881.055. USE OF COMPANY NAME. A statewide mutual assessment company may not operate an independent branch office or a separate group, club, or class under a name different from the name of the 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 E - Mutual and Fraternal Companies and Related Entities
Chapter 881 - Statewide Mutual Assessment Companies
Subchapter B. Structure and Operation of Statewide Mutual Assessment Companies
Section 881.051. Authority to Act as Statewide Mutual Assessment Company
Section 881.052. Applicability of Texas Non-Profit Corporation Act
Section 881.053. Separate Groups, Clubs, or Classes
Section 881.054. Minimum Membership Required
Section 881.055. Use of Company Name
Section 881.056. Issuance of Certificate or Policy to Separate Groups, Clubs, or Classes