Sec. 884.002. APPLICABILITY OF OTHER LAW TO COMPANY. (a) Except as expressly provided by this code, a provision of this code, other than this chapter, does not apply to a stipulated premium company organized under this chapter. (b) A law enacted after August 28, 1961, does not apply to a stipulated premium company unless stipulated premium companies are expressly designated in the law. (c) The following provisions of this code apply to a stipulated premium company: (1) Article 21.47; (2) Section 38.001 ; (3) Chapter 86 ; (4) Subchapter A , Chapter 401 ; (5) Sections 401.051 , 401.052 , 401.054-401.062, 401.151 , 401.152 , 401.155 , and 401.156 ; (6) Sections 403.001 , 403.052 , and 403.102 ; (7) Subchapter A , Chapter 404 ; (8) Section 421.001 ; (9) Subchapter D , Chapter 425 ; (10) Chapter 443 ; (11) Chapter 493 , other than Section 493.051 (b); (12) Chapter 541 ; (13) Sections 801.001-801.002; (14) Sections 801.051-801.055; (15) Section 801.057 ; (16) Sections 801.101-801.102; (17) Subchapter A , Chapter 821 ; (18) Chapter 824 ; (19) Chapter 828 ; (20) Section 841.251 ; (21) Section 841.259 ; (22) Section 841.261 ; (23) Section 841.703 ; and (24) Chapter 4152 . (d) The Securities Act (Title 12, Government Code) applies to a stipulated premium company. (e) The Texas Business Corporation Act applies to a stipulated premium company to the extent that law is not inconsistent with an insurance law applicable to a stipulated premium company. The department shall perform a duty imposed by the Texas Business Corporation Act on the office of the secretary of state that is applicable to a stipulated premium company.
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