Untitled Texas Attorney General Opinion

OFFICE OF THE ATTORNEY GENERAL OF TEXAS AUSTIN Honorable 0. P. Lockhart, Chairmen Board of Insurance Commissioners Austin, Texas Dear Sir: e .the name %&tual*? _ requesting the opin- *tea question reads as .thereof, this Board onary power to re- hority to do busimss.in Texas, it a reneWa oertificate of where such~~a.oompany may al- cased In Texas whose name does not oontain,the word 'mutual*. "The argument has been presented to us that since section 3 of the Act expressly and manda- torily requires domestic companies to embrace the Honorable 0. P. Lockhart, Chairman, Page 2 word %tutualW in…