Tex. Insurance Code § 886.701
This is the official text of Tex. Insurance Code § 886.701, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 886.701. REVOCATION.
Official statutory text
Except as otherwise provided by law, the department may revoke the right of a local mutual aid association to engage in the business of insurance in this state only on:
(1) the judgment of a court;
(2) the filing of articles of dissolution by the members of the association or by the officers on behalf of the members; or
(3) a filing showing that the association's membership has been merged and taken over by another association.
(1) the judgment of a court;
(2) the filing of articles of dissolution by the members of the association or by the officers on behalf of the members; or
(3) a filing showing that the association's membership has been merged and taken over by another association.
Status: in_force · Read it on the official government site
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