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2025 Texas Statutes
Insurance Code
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
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
- Section 887.502. Authorization to Convert
- Section 887.503. Approval by Membership
- Section 887.504. Amendment of Charter or Articles of Association Required
- Section 887.505. Exchange of Insurance Certificates; Reserves
- Section 887.506. Completion of Conversion
- Section 887.507. Legal Effect of Conversion
- Section 887.508. Exemption From Capital and Surplus Requirements
- Section 887.509. Limits on Operation of Converted Association
- Section 887.510. Increase of Capital and Surplus Required
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