Texas § IN.824.052 - EFFECTIVE DATE OF CONSOLIDATION
Full text of Texas The Texas Constitution § IN.824.052 — EFFECTIVE DATE OF CONSOLIDATION, with citation guidance and answers to common questions.
§ IN.824.052. EFFECTIVE DATE OF CONSOLIDATION
EFFECTIVE DATE OF CONSOLIDATION. (a) A new insurance corporation resulting from a plan of consolidation shall be issued a charter and a certificate of authority on: (1) submission of proper articles of incorporation to the commissioner; (2) approval by the commissioner in accordance with the procedures required for the issuance of a new charter; and (3) submission of proof that the new corporation has capital and surplus at least equal to that of the corporation that is a party to the consolidation and has the largest capital and surplus. (b) A consolidation takes effect on the date of issuance of the charter and certificate of authority under Subsection (a). 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.824.052
What does The Texas Constitution § IN.824.052 cover?
Section IN.824.052 ("EFFECTIVE DATE OF CONSOLIDATION") 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.824.052?
A common citation format is "The Texas Constitution § IN.824.052" (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.824.052 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.