CONVERSION ON COMMISSIONER APPROVAL.

Tex. INS Code § 882.605.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A mutual life insurance company is converted to a stock legal reserve life insurance company if: (1) the company complies with this subchapter; and (2) after hearing, the conversion is approved by the commissioner. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements