Texas Statutes
Chapter 887 - Provisions Applicable to Certain Mutual Assessment Companies
Subchapter K. Conversion to Stock Legal Reserve Life Insurance Company

Section 887.501. Applicability of Subchapter - Sec. 887.501. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to...

Section 887.502. Authorization to Convert - Sec. 887.502. AUTHORIZATION TO CONVERT. An association may convert to...

Section 887.503. Approval by Membership - Sec. 887.503. APPROVAL BY MEMBERSHIP. An association may convert under...

Section 887.504. Amendment of Charter or Articles of Association Required - Sec. 887.504. AMENDMENT OF CHARTER OR ARTICLES OF ASSOCIATION REQUIRED....

Section 887.505. Exchange of Insurance Certificates; Reserves - Sec. 887.505. EXCHANGE OF INSURANCE CERTIFICATES; RESERVES. (a) An association...

Section 887.506. Completion of Conversion - Sec. 887.506. COMPLETION OF CONVERSION. An association becomes a stock...

Section 887.507. Legal Effect of Conversion - Sec. 887.507. LEGAL EFFECT OF CONVERSION. Except as provided by...

Section 887.508. Exemption From Capital and Surplus Requirements - Sec. 887.508. EXEMPTION FROM CAPITAL AND SURPLUS REQUIREMENTS. (a) An...

Section 887.509. Limits on Operation of Converted Association - Sec. 887.509. LIMITS ON OPERATION OF CONVERTED ASSOCIATION. Unless the...

Section 887.510. Increase of Capital and Surplus Required - Sec. 887.510. INCREASE OF CAPITAL AND SURPLUS REQUIRED. (a) An...