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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Except as otherwise provided by law, domestic and foreign mutual insurance companies organized or operating under this chapter are subject to the laws applicable to:
(1) a stock insurance company engaging in the same kind of insurance;
(2) investments;
(3) valued policies;
(4) policy forms and rates;
(5) reciprocal or retaliatory laws;
(6) insolvency and liquidation; and
(7) publication and defamatory statements.
(b) This chapter does not exempt a domestic mutual insurance company from being subject to other laws of this state governing the incorporation, organization, regulation, and operation of a company or organization writing insurance in this state.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 883.002. Applicability of Certain General Laws - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-883-002/
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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