Sec. 841.051. FORMATION OF COMPANY. (a) Three or more residents of this state may form: (1) a life insurance company; (2) an accident insurance company; (3) a life and accident insurance company; (4) a health and accident insurance company; or (5) a life, health, and accident insurance company. (b) To form a domestic insurance company: (1) each incorporator must sign and acknowledge the articles of incorporation of the company; and (2) the incorporators must file the articles of incorporation with the department.
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