Section 911.055 - Application for Permit to Solicit Insurance(a) At least 10 residents described by Section 911.054(a) that want to form a farm mutual insurance company may apply to the department for a permit to solicit insurance on the mutual or cooperative plan.(b) The application for a permit to solicit insurance must:(1) state: (A) that at least 100 individuals are members of an association described by Section 911.053(b)(1);(B) that the association has indicated, by majority vote, that the association wants to: (i) insure property of the association's members under this chapter; and(ii) be chartered as a farm mutual insurance company;(C) the name of the company, which must include the words "Farm Mutual" or "Farmers Mutual";(D) the location of the company's principal office;(E) the risks the company proposes to insure; and(F) the names and places of residence of at least 10 of the applicants; and(2) be accompanied by: (A) affidavits of at least two of the applicants, each of whom must:(i) state the applicant's name and residence; and(ii) verify the facts stated in the application; and(B) a filing fee in the amount of $25.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.