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    • Legislation USA
    • Texas Statutes
    • Insurance Code
    • Title 6 - Organization of Insurers and Related Entities
    • Subtitle E - Mutual and Fraternal Companies and Related Entities
    • Chapter 882 - Mutual Life Insurance Companies
    • Subchapter B. Formation and Structure of Mutual Life Insurance Company
    • Section 882.051. Authority to Form Company; Purpose

    Texas Statutes
    Subchapter B. Formation and Structure of Mutual Life Insurance Company
    Section 882.051. Authority to Form Company; Purpose

    Sec. 882.051. AUTHORITY TO FORM COMPANY; PURPOSE. A mutual life insurance company may be formed under this chapter to insure the lives of individuals on the mutual level premium and legal reserve plan.
    Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

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    Structure Texas Statutes

    Texas Statutes

    Insurance Code

    Title 6 - Organization of Insurers and Related Entities

    Subtitle E - Mutual and Fraternal Companies and Related Entities

    Chapter 882 - Mutual Life Insurance Companies

    Subchapter B. Formation and Structure of Mutual Life Insurance Company

    Section 882.051. Authority to Form Company; Purpose

    Section 882.052. Formation of Company; Articles of Incorporation

    Section 882.053. Company's Name

    Section 882.054. Initial Board of Directors; Term

    Section 882.055. Unencumbered Surplus Requirements

    Section 882.056. Application for Charter

    Section 882.057. Application Process

    Section 882.058. Action on Application

    Section 882.059. Examination After Determination

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