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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The articles of association of a local mutual aid association must state:
(1) the name of the association, which must be distinctly different from other associations operating in the same area;
(2) the purpose for which the association is created, including the upper and lower age limits of individuals to whom benefit certificates may be issued;
(3) the location of the principal office of the association;
(4) the territory in which the association will engage in business;
(5) the titles of the officers of the association; and
(6) the number of directors of the association.
(b) The constitution and bylaws of the association may not violate, and must be in harmony with, this chapter.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 886.103. Articles of Association, Constitution, and Bylaws - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-886-103/
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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