Sec. 882.059. EXAMINATION AFTER DETERMINATION. After making a determination on an application under Section 882.058, the commissioner shall immediately make or cause to be made a full and thorough examination of the mutual life insurance company. The company shall pay for the examination.
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 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