United States — Texas
Government Code § 2270.0204
1 provisions
This section requires notice to certain listed companies and requires divestment if they do not stop or convert scrutinized active business operations in time.
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4,174 matching statutes
United States — Texas
1 provisions
This section requires notice to certain listed companies and requires divestment if they do not stop or convert scrutinized active business operations in time.
United States — Texas
1 provisions
Some mutual assessment companies or associations are exempt from Section 882.653 if they meet the stated surplus and conversion conditions.
United States — Texas
1 provisions
If a statewide mutual assessment company has too few members, it must notify affected members right away and then either restore membership, consolidate, or discontinue the group within six months; if the company still does not meet the minimum, the commissioner must begin liquidation steps.
United States — Texas
1 provisions
A life insurance company in this state may not pay contingent compensation to certain officers, actuaries, or physicians, except for an approved marketing compensation plan that meets stated conditions.
United States — Texas
1 provisions
A mutual insurance company may convert to a stock insurance company, but a converting company may not conduct insurance business as a stock company until it meets this chapter’s requirements.
United States — Texas
1 provisions
A mutual holding company is generally treated as an insurer under this chapter and Chapter 883, but it has special rules, including commissioner oversight, required organization provisions after certain reorganizations, and limits on dissolution or liquidation without approval.
United States — Texas
1 provisions
A certified capital company may make a qualified distribution at any time, but other distributions require prior qualified investments equal to 100% of the company’s certified capital.
United States — Texas
1 provisions
A foreign mutual insurance company may reorganize, with the commissioner’s approval, and may also redomesticate in Texas if it follows Chapter 983.
United States — Texas
1 provisions
An electing company may introduce a new service only after required notice and subject to pricing conditions, and may have to give further notice of price or service changes.
United States — Texas
1 provisions
An incumbent local exchange company may choose to keep all of its markets regulated, but it must file an affidavit with the commission by December 1, 2005 to do so.
United States — Texas
1 provisions
Certain foreign or alien insurance companies must submit two years of certified annual financial statements to the department, and the commissioner must examine or review the company before approval or denial of a certificate of authority.
United States — Texas
1 provisions
A mutual life insurance company may not count certain surplus amounts in the divisible surplus used to pay dividends to policyholders.