ASSUMPTION CERTIFICATE.

Tex. INS Code § 884.560.
in effect
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Immediately after ratification of the reinsurance agreement under Section 884.556 , the stipulated premium company shall issue to each member of the mutual assessment company an assumption certificate that states: (1) the terms of the assumption; and (2) the reserve and interest table under which the policy is assumed. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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