Sec. 883.002. APPLICABILITY OF CERTAIN GENERAL LAWS

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(a) Except as otherwise provided by law, domestic and foreign mutual insurance companies organized or operating under this chapter are subject to the laws applicable to:
(1) a stock insurance company engaging in the same kind of insurance;
(2) investments;
(3) valued policies;
(4) policy forms and rates;
(5) reciprocal or retaliatory laws;
(6) insolvency and liquidation; and
(7) publication and defamatory statements.
(b) This chapter does not exempt a domestic mutual insurance company from being subject to other laws of this state governing the incorporation, organization, regulation, and operation of a company or organization writing insurance in this state.

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

                    
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