Tex. Ins. Code § 826.057 – Rights of Holder of Surplus Notes | Midpage
§ 826.057
Tex. Ins. Code § 826.057
Rights of Holder of Surplus Notes
Effective Jun 1, 2003Added by Acts 2001, 77th Leg., ch. 1419
A conversion plan must provide that any rights of a holder of a surplus note to participate in the conversion are governed by the terms of the surplus note.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.