(a) A fraternal benefit society that converts to a mutual life insurance company or incorporated stock company shall file with the department:
- (1) the certificate of incorporation as adopted or amended; and
- (2) a report of the meeting of lodge representatives, certified by the presiding officers under the corporate seal of the fraternal benefit society.
- (b) The certificate of incorporation must be incorporated in the charter of the proposed company.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.