The corporate existence of a mutual insurance company begins on the date on which the commissioner issues a certificate of authority to the company.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.
Insurance Code › Title 6 › Chapter 883 › Subchapter B
Texas Insurance Code § 883.055
Mutual Insurance Companies Other Than Mutual Life Insurance Companies · Formation, Structure, and Management of Company
The corporate existence of a mutual insurance company begins on the date on which the commissioner issues a certificate of authority to the company.
Official text of the Texas Insurance Code as published by the Texas Legislative Council.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.