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Texas Insurance Code - INS § 885.454. Conversion Documents

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A fraternal benefit society that converts to a mutual life insurance company or incorporated stock company shall file with the department:

(1) the certificate of incorporation as adopted or amended;  and

(2) a report of the meeting of lodge representatives, certified by the presiding officers under the corporate seal of the fraternal benefit society.

(b) The certificate of incorporation must be incorporated in the charter of the proposed company.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 885.454. Conversion Documents - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-885-454/

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