Tex. Ins. Code Section 841.052
Articles of Incorporation


(a)

Articles of incorporation of a proposed domestic insurance company must state:

(1)

the name of the company;

(2)

the location of the company’s home office;

(3)

the kinds of insurance business in which the company proposes to engage;

(4)

the name and place of residence of each incorporator;

(5)

the amount of the company’s capital stock;

(6)

the number of shares of the company’s capital stock;

(7)

the amount of the company’s surplus; and

(8)

the period of the company’s duration, which may be perpetual.

(b)

The incorporators of a domestic insurance company may include in the articles of incorporation other provisions that are not inconsistent with law.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 841.052 — Articles of Incorporation, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­841.­htm#841.­052 (accessed Jun. 5, 2024).

841.001
Definitions
841.002
Applicability of Chapter and Other Law
841.003
Applicability of Law Governing Corporations
841.004
Net Assets Defined
841.051
Formation of Company
841.052
Articles of Incorporation
841.053
Company Name
841.054
Capital Stock and Surplus Requirements
841.055
Shares of Stock
841.056
Requirements for Shares of Stock with Par Value
841.057
Requirements for Shares of Stock Without Par Value
841.058
Application for Charter
841.059
Action by Commissioner and Department After Filing
841.061
Action on Application
841.062
Beginning of Corporate Existence
841.063
Organization Meeting
841.101
Certificate of Authority Required
841.102
Schedule of Assets
841.103
Issuance of Certificate of Authority
841.104
Tax Payment Required for Issuance of Certain Certificates of Authority
841.151
Conducting Shareholders’ Meeting
841.152
Board of Directors
841.153
Election of Directors
841.154
Staggered Terms for Directors
841.155
Officers
841.156
Amendment of Charter or Articles
841.201
Form of Required Capital and Surplus
841.202
Authorized Shares
841.203
Company’s Repurchase of Stock
841.204
Exemption from Required Increase of Capital and Surplus
841.205
Commissioner May Require Larger Capital and Surplus Amounts
841.206
Impairment of Capital and Surplus
841.207
Actions of Commissioner When Capital and Surplus Requirements Not Satisfied
841.251
Evidence of Expenditures
841.252
Payments to Officers, Directors, and Employees
841.253
Life Insurance Company’s Payment of Dividends
841.254
Transfer of Stock
841.255
Annual Statement
841.256
Business in Separate Departments of Domestic Insurance Company
841.257
Kinds of Business Limited
841.258
Agents for Company that Ceases Writing New Business
841.259
Activities of Directors and Officers
841.260
Prohibited Commissions
841.261
Causes of Action
841.301
Limits on Amount of Accident and Health Insurance Policies
841.302
Limits on Life or Accidental Death Insurance
841.303
Entire Contract
841.351
Deposit with Comptroller
841.352
Issuance of Receipt for Deposit
841.353
Advertisement of Deposit
841.354
Access to Deposit
841.355
Withdrawal of Deposit After Merger, Consolidation, or Total Reinsurance
841.356
Situs of Deposit for Tax Purposes
841.357
Maintenance of Deposit
841.401
Purpose
841.402
Definitions
841.403
Organizational Documents
841.404
Certificate of Authority Required
841.405
Application for Certificate of Authority
841.406
Investment of Certain Surplus by Organizing Company
841.407
Officers and Directors
841.408
Issuance of Certificate of Authority
841.409
Scope of Certificate of Authority
841.410
Capital and Surplus
841.411
Foreclosure on Collateral
841.412
Minimum Authorized Investment Requirement After Credit for Reinsurance
841.413
Permitted Reinsurance
841.414
Reports on Reserves and Risk-based Capital
841.415
Other Laws Not Applicable
841.416
Applicability of Other Law
841.417
Guaranty Requirements
841.418
Sunset Provision
841.419
Certification of Actuarial Officer
841.420
Accounting and Financial Reporting
841.701
Revocation of Certificate of Authority
841.702
Appeal of Determination to Revoke Certificate
841.703
Certificate of Authority Void on Failure to Satisfy Judgment
841.704
False Statement, Report, or Other Document
841.705
Penalty for Failure to Invest or Report

Accessed:
Jun. 5, 2024

§ 841.052’s source at texas​.gov