Texas § IN.823.204 - PLAN FOR FUTURE OF INSURER
Full text of Texas The Texas Constitution § IN.823.204 — PLAN FOR FUTURE OF INSURER, with citation guidance and answers to common questions.
§ IN.823.204. PLAN FOR FUTURE OF INSURER
PLAN FOR FUTURE OF INSURER. A statement required under Section 823.154 must contain: (1) any plan or proposal of the acquiring person to: (A) cause the insurer to pay dividends or make distributions; (B) liquidate the insurer; (C) sell any of the insurer's assets; (D) merge or consolidate the insurer with any person; (E) make any other material change in the insurer's business or corporate structure or management; or (F) cause the insurer to enter into material agreements, arrangements, or transactions of any kind with any person; and (2) any oral or written arrangement or agreement between the acquiring person or an affiliate of the acquiring person and the domestic insurer entered into during the 12 months preceding the date of the statement. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.823.204
What does The Texas Constitution § IN.823.204 cover?
Section IN.823.204 ("PLAN FOR FUTURE OF INSURER") 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.823.204?
A common citation format is "The Texas Constitution § IN.823.204" (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.823.204 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.