Tex. Insurance Code § 882.562
This is the official text of Tex. Insurance Code § 882.562, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 882.562. ASSUMPTION OF LIABILITIES.
Official statutory text
On the effective date of a merger or consolidation under this subchapter, a new or surviving life insurance company resulting from the merger or consolidation assumes all liabilities of the original companies.
Status: in_force · Read it on the official government site
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