Sec. 841.051. FORMATION OF COMPANY. (a) Three or more residents of this state may form:
(1) a life insurance company;
(2) an accident insurance company;
(3) a life and accident insurance company;
(4) a health and accident insurance company; or
(5) a life, health, and accident insurance company.
(b) To form a domestic insurance company:
(1) each incorporator must sign and acknowledge the articles of incorporation of the company; and
(2) the incorporators must file the articles of incorporation with the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Section: Previous 841.001 841.002 841.003 841.004 841.051 841.052 841.053 841.054 841.055 841.056 841.057 841.058 841.059 841.061 841.062 NextLast modified: September 28, 2016