Sec. 886.109. VOLUNTARY DISSOLUTION. A local mutual aid association may dissolve by vote of the majority of the members at:
(1) a regular meeting called by the secretary; or
(2) a special meeting called for the purpose of considering dissolution.
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 886 - Local Mutual Aid Associations
Subchapter C. Powers and Duties of Association
Section 886.101. General Powers of Association
Section 886.102. Applicability of Texas Non-Profit Corporation Act
Section 886.103. Articles of Association, Constitution, and Bylaws
Section 886.104. Benefits Authorized
Section 886.105. Territorial Limitations
Section 886.106. Connection With Other Associations Prohibited
Section 886.107. Annual Statement; Filing Fee