Texas § IN.886.110 - AUTOMATIC DISSOLUTION
Full text of Texas The Texas Constitution § IN.886.110 — AUTOMATIC DISSOLUTION, with citation guidance and answers to common questions.
§ IN.886.110. AUTOMATIC DISSOLUTION
AUTOMATIC DISSOLUTION. A local mutual aid association is dissolved automatically and forfeits its right to engage in the business of insurance if: (1) the association's membership falls below 25 percent of the maximum value of the policy issued; or (2) the association's membership falls below 50 percent of the maximum value of the policy issued and the association fails to notify each member of the amount paid on the preceding death claim when assessment is made. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. SUBCHAPTER O. DISCIPLINARY PROCEDURES AND CRIMINAL PENALTY
Frequently Asked Questions About Texas § IN.886.110
What does The Texas Constitution § IN.886.110 cover?
Section IN.886.110 ("AUTOMATIC DISSOLUTION") 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.886.110?
A common citation format is "The Texas Constitution § IN.886.110" (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.886.110 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.