Texas Insurance Code Title 6, Chapter 886 - Local Mutual Aid Associations

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 886.001 - Definition
  In this chapter, "local mutual aid association" means an entity, including a society or association of any sort, authorized under this chapter to engage in...
• Texas Section 886.002 - Applicability Of Chapter; Exemptions
  (a) Except as provided by Subsection (b), this chapter and Chapters 887 and 888 apply to local mutual aid associations. (b) This chapter does not...
• Texas Section 886.003 - Limited Exemption From Insurance Laws
  A local mutual aid association is subject only to this chapter and Chapters 887 and 888. Except as otherwise provided by this chapter, a local...

SUBCHAPTER B AUTHORITY TO ENGAGE IN BUSINESS

• Texas Section 886.004 - Organization Of New Association Prohibited
  A new local mutual aid association may not be organized under this chapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June...
• Texas Section 886.051 - Operation Under Certificate Of Authority
  A local mutual aid association engages in business under a certificate of authority issued by the department. Added by Acts 2001, 77th Leg., ch. 1419,...

SUBCHAPTER C POWERS AND DUTIES OF ASSOCIATION

• Texas Section 886.052 - Compliance With Law Required
  An individual, firm, or corporation may not engage in business in this state as a local mutual aid society or association that pays a death...
• Texas Section 886.101 - General Powers Of Association
  A local mutual aid association is a body corporate that may sue and be sued in its own name and exercise the other powers and...
• Texas Section 886.102 - Applicability Of Texas Non-profit Corporation Act
  (a) Except to the extent of any conflict with this code, the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) applies...
• Texas Section 886.103 - Articles Of Association, Constitution, And Bylaws
  (a) The articles of association of a local mutual aid association must state: (1) the name of the association, which must be distinctly different from...
• Texas Section 886.104 - Benefits Authorized
  (a) Except as provided by Subsection (b), a local mutual aid association may provide only for the payment of death benefits. An association may not...
• Texas Section 886.105 - Territorial Limitations
  (a) A local mutual aid association may conduct business in any county in this state. (b) If the articles of association of an association provide...
• Texas Section 886.106 - Connection With Other Associations Prohibited
  (a) A local mutual aid association may not have any connection with another local mutual aid association. (b) An association may not contribute any form...
• Texas Section 886.107 - Annual Statement; Filing Fee
  (a) For the filing of each annual statement, the department shall charge the appropriate fee. The fee must be: (1) payable to the department; and...
• Texas Section 886.108 - Surety Bond
  (a) A local mutual aid association's officer responsible for the funds of the association shall file with the department a surety bond. (b) The surety...
• Texas Section 886.109 - Voluntary Dissolution
  A local mutual aid association may dissolve by vote of the majority of the members at: (1) a regular meeting called by the secretary; or...

SUBCHAPTER O DISCIPLINARY PROCEDURES AND CRIMINAL PENALTY

• Texas Section 886.110 - Automatic Dissolution
  A local mutual aid association is dissolved automatically and forfeits its right to engage in the business of insurance if: (1) the association's membership falls...
• Texas 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...
• Texas Section 886.702 - Grounds For Dissolution Or Forfeiture
  (a) In addition to any other penalties imposed on a local mutual aid association or on its members or officers, an association is subject to...
• Texas Section 886.703 - Criminal Penalty
  (a) A person commits an offense if the person violates this chapter. (b) An offense under this section is a misdemeanor punishable by a fine...

Last modified: September 28, 2016