Sec. 882.052.  FORMATION OF COMPANY;  ARTICLES OF INCORPORATION.  (a)  Nine or more persons who are residents of this state may form a mutual life insurance company by executing and acknowledging articles of incorporation for that purpose.
(b)  The articles of incorporation of the proposed company must state:
(1)  the name and residence of each incorporator;
(2)  the name of the company;
(3)  the location of the company's principal office at which company business is to be transacted;
(4)  the number of directors;
(5)  the name and residence of each initial director;  and
(6)  the amount of the company's unencumbered surplus.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.