Texas Insurance Code - INS § 822.156. Certificate Required for Amendment of Charter to Authorize Shares Without Par Value

(a) If a proposed amendment to the charter of an insurance company authorizes the issuance of shares of stock without par value, the insurance company must file with the department, at the time the proposed amendment is filed, a certificate authenticated by a majority of the directors stating:

(b) On receipt of the certificate, the commissioner shall examine the certificate.  The commissioner shall certify and file the certificate if the commissioner approves the certificate.