Sec. 885.456. LEGAL EFFECT OF CONVERSION TO MUTUAL LIFE INSURANCE COMPANY. A fraternal benefit society that converts to a mutual life insurance company is subject to Chapter 882.
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 885 - Fraternal Benefit Societies
Subchapter J. Conversion of Fraternal Benefit Society
Section 885.451. Conversion of Fraternal Benefit Society to Mutual or Stock Company
Section 885.452. Meeting of Lodge Representatives; Notice
Section 885.453. Resolution to Convert; Additional Requirements
Section 885.454. Conversion Documents
Section 885.455. Sale of Stock of Converted Fraternal Benefit Society
Section 885.456. Legal Effect of Conversion to Mutual Life Insurance Company
Section 885.457. Completion and Legal Effect of Conversion to Stock Company
Section 885.458. Continuing Obligations of Converted Fraternal Benefit Society
Section 885.459. Name of Converted Fraternal Benefit Society
Section 885.460. Principal Office of Converted Fraternal Benefit Society
Section 885.461. Social or Charitable Clubs Formed by Members of Converted Fraternal Benefit Society