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Current as of January 01, 2024 | Updated by Findlaw Staff
A corporation, society, order, or voluntary association eligible under Section 885.152 may qualify as a fraternal benefit society by filing with the department:
(1) certified articles of incorporation or association that set out:
(A) the name of the society;
(B) the purpose for which the society is formed; and
(C) the manner in which the society's corporate powers are to be exercised;
(2) certified copies of the fraternal benefit society's laws and rules;
(3) copies of all proposed forms of benefit certificates, applications for benefit certificates, and circulars to be issued by the society;
(4) a surety bond as required by Section 885.156; and
(5) additional information that the commissioner considers necessary.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 885.153. Filing of Articles of Incorporation or Association - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-885-153/
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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