Sec. 883.102. CHARTER AND CERTIFICATE OF AUTHORITY REQUIRED  


Latest version.
  • A domestic mutual insurance company may not engage in the business of insurance until:

    (1) the company obtains a charter as provided by Chapter 822; and

    (2) the commissioner issues to the company a certificate of authority for that purpose.

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