Texas § IN.882.751 - AUTHORITY TO CONVERT
Full text of Texas The Texas Constitution § IN.882.751 — AUTHORITY TO CONVERT, with citation guidance and answers to common questions.
§ IN.882.751. AUTHORITY TO CONVERT
AUTHORITY TO CONVERT. A mutual life insurance company organized or operating under this chapter may convert by forming an insurance holding company based on a mutual plan and continuing the corporate existence of the converting mutual life insurance company as a stock life insurance company if the commissioner: (1) determines that the conversion is fair and equitable to the policyholders of the converting company; and (2) approves the proposed plan of conversion. Added by Acts 2005, 79th Leg., Ch. 82 (S.B. 449 ), Sec. 1, eff. September 1, 2005.
Frequently Asked Questions About Texas § IN.882.751
What does The Texas Constitution § IN.882.751 cover?
Section IN.882.751 ("AUTHORITY TO CONVERT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.882.751?
A common citation format is "The Texas Constitution § IN.882.751" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.882.751 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.