Tex. Ins. Code § 884.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 884.052 - Articles of Incorporation
(a) Articles of incorporation of a stipulated premium company must specify:
(1) the name and place of residence of each incorporator;
(2) the name of the proposed stipulated premium company;
(3) the location of the proposed company's home office;
(4) the kinds of insurance business the proposed company will transact;
(5) the amount of the proposed company's capital stock;
(6) the number of shares of the proposed company's capital stock; and
(7) the period of the proposed company's duration, which may not exceed 500 years.
(b) The incorporators of a stipulated premium company may include other provisions in the articles of incorporation.

Tex. Ins. Code § 884.052

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