Tex. Ins. Code § 882.557

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 882.557 - Domestic Stock Life Insurance Company; Approval of Plan By Shareholders

On notice of approval of a proposed plan under Section 882.555, the board of directors of each domestic stock life insurance company that is a party to the plan shall submit the plan for approval to the company's shareholders in the manner provided by Section 824.003.

Tex. Ins. Code § 882.557

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.