Texas Insurance Code § 882.558 Foreign Life Insurance Company; Approval Of Plan By Policyholders Or Shareholders

Sec. 882.558. FOREIGN LIFE INSURANCE COMPANY; APPROVAL OF PLAN BY POLICYHOLDERS OR SHAREHOLDERS. On notice of approval of a proposed plan under Section 882.555, the board of directors of each foreign life insurance company that is a party to the plan shall submit the plan for approval to the company's policyholders or shareholders as provided by the law of the appropriate jurisdiction.

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

Section: Previous  882.551  882.552  882.553  882.554  882.555  882.556  882.557  882.558  882.559  882.560  882.561  882.562  882.563  882.564  882.565  Next

Last modified: September 28, 2016