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Current as of January 01, 2024 | Updated by Findlaw Staff
Notwithstanding Section 824.051 or 824.052, a merger or consolidation involving a corporation organized under the laws of another state does not take effect until the merger or consolidation is approved by the proper official of the domiciliary state, if that approval is required.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 824.053. Approval of Merger or Consolidation Affecting Foreign Corporation; Effective Date - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-824-053/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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