Chapter 882
Mutual Life Insurance Companies

Sections

882.001
Applicability of This Chapter and Other Law
882.002
Examination of Company
882.003
Annual Statement
882.051
Authority to Form Company; Purpose
882.052
Formation of Company; Articles of Incorporation
882.053
Company's Name
882.054
Initial Board of Directors; Term
882.055
Unencumbered Surplus Requirements
882.056
Application for Charter
882.057
Application Process
882.058
Action on Application
882.059
Examination After Determination
882.101
Issuance of Certificate of Authority
882.151
Board of Directors
882.152
Adoption of Initial Bylaws
882.153
Annual Meeting
882.154
Staggered Terms for Large Board of Directors
882.155
Voting by Policyholders
882.156
Officers
882.157
Officer Bonds
882.158
Bylaws Must Comply with Law
882.201
Applicability of Subchapter
882.202
Issuance of License to Agent
882.203
Limitation on Agent Compensation
882.251
Limited Authority to Borrow Money
882.252
Investment of Money
882.253
Loans to Company
882.301
Amount of Unencumbered Surplus
882.302
Exemption for Certain Companies
882.304
Investment of Excess Unencumbered Surplus
882.305
Impairment of Unencumbered Surplus
882.306
Impairment of Unencumbered Surplus; Appointment of Receiver
882.351
Policyholder's Entitlement to Dividend
882.352
Accounting and Procedure for Allocation of Divisible Surplus; Report to Commissioner
882.353
Department Approval of Allocation; Revisions
882.354
Dividend Payment Method
882.355
Limitations on Divisible Surplus
882.356
Payment of Dividends Not Required
882.401
Amount of Contingency Reserve
882.402
Excess Contingency Reserve
882.403
Contingency Reserve Requirements
882.404
Allocation of Contingency Reserve to Unencumbered Surplus
882.405
Designation of Contingency Reserve as Unassigned Surplus
882.451
Applicability of Certain Provisions
882.452
Type of Policy Authorized
882.453
Policy Form
882.454
Limitation on Amount of Policy Value for Certain Companies
882.455
Table of Guaranteed Values
882.501
Total Assumption Reinsurance Agreements Between Life Insurance Companies
882.551
Applicability of Subchapter
882.552
Authority to Merge or Consolidate
882.553
Proposed Plan of Merger or Consolidation; Filing with Commissioner
882.554
Hearing on Plan
882.555
Commissioner Determination on Plan
882.556
Approval of Plan by Policyholders
882.557
Domestic Stock Life Insurance Company; Approval of Plan by Shareholders
882.558
Foreign Life Insurance Company; Approval of Plan by Policyholders or Shareholders
882.559
Filing of Affidavit of Plan Approval; Issuance of Certificate of Merger or Consolidation
882.560
Effective Date of Merger or Consolidation
882.561
Assumption of Outstanding Insurance Policies
882.562
Assumption of Liabilities
882.563
Effect of Merger or Consolidation on Property
882.564
Effect of Merger or Consolidation on Certain Investments
882.565
Effect of Merger or Consolidation on Divisible Surplus
882.566
Effect on Antitrust Laws
882.601
Authority to Convert to Stock Legal Reserve Life Insurance Company; Policyholder Authorization Required
882.602
Amendment to Charter or Articles of Incorporation Required
882.603
Capital and Surplus Requirements
882.604
Hearing
882.605
Conversion on Commissioner Approval
882.606
Applicable Law After Conversion
882.607
Other Types of Conversion Not Prohibited
882.651
Authority to Convert
882.652
Voluntary Conversion
882.653
Conversion Requirements
882.654
Exemption from Surplus Requirements
882.655
Applicable Law After Conversion
882.701
Applicability of Subchapter
882.702
Investment and Deposit of Funds; Criminal Penalty
882.703
Policy Form; Revocation of Certificate
882.751
Authority to Convert
882.752
Application of Other Law
882.753
Jurisdiction of Commissioner
882.754
Incorporation Requirements
882.755
Articles of Incorporation
882.756
Sale of Securities

Accessed:
Apr. 20, 2024