Tex. Ins. Code § 886.701

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 886.701 - Revocation

Except as otherwise provided by law, the department may revoke the right of a local mutual aid association to engage in the business of insurance in this state only on:

(1) the judgment of a court;

(2) the filing of articles of dissolution by the members of the association or by the officers on behalf of the members; or

(3) a filing showing that the association's membership has been merged and taken over by another association.

Tex. Ins. Code § 886.701

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