Not later than the 90th day after the date on which a converting company's board of directors adopts a conversion plan, the company shall file with the commissioner:
- (1) a copy of the documents relating to the conversion plan, including the valuation required by Section 826.054(a);
- (2) the form of notice required by Section 826.104;
- (3) the form of proxy to be solicited from eligible members under Section 826.107(a);
- (4) the form of notice required by Section 826.151 to persons whose policies are issued after adoption of the conversion plan but before the effective date of the conversion plan;
- (5) the proposed amended or restated articles of incorporation of the resulting company;
- (6) a statement regarding acquisition of control, if applicable, as required by Chapter 823; and
- (7) any other information requested by the commissioner.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.