Tex. Ins. Code Section 829.003
Rights and Privileges of Resulting Company; Laws Applicable


Except as provided by this chapter, the resulting company:

(1)

may exercise only the rights and privileges of a stock insurance company; and

(2)

is subject to:

(A)

all of the requirements and rules imposed on stock insurance companies organized under this code; and

(B)

the laws of this state relating to the regulation or supervision of insurance companies.
Added by Acts 2007, 80th Leg., R.S., Ch. 412 (S.B. 1056), Sec. 1, eff. June 15, 2007.

Source: Section 829.003 — Rights and Privileges of Resulting Company; Laws Applicable, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­829.­htm#829.­003 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 829.003’s source at texas​.gov