Tex. Insurance Code § 826.004
This is the official text of Tex. Insurance Code § 826.004, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 826.004. CERTAIN CONVERSIONS PROHIBITED.
Official statutory text
A mutual insurance company may not convert to a stock insurance company under this chapter if, as a direct result of the conversion, any affiliate or other person acquires control of the resulting company, unless that affiliate or person complies with Section 823.154.
Status: in_force · Read it on the official government site
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