Untitled Texas Attorney General Opinion

Honorable Ralph Brock County Attorney Lubbock County Lubbock, Texas Dear Sir: Opinion No O-4879 Re: Under the facts submitted is the State Farm Fire Insurance Company of Bloomington, Illinois, eligible' to write insurance upon the proper- ties of the Lubbock Independent School District? Your letter of recent date requesting the opinion of this department on the above stated question reads in part as follows: "I have been requested by Claude L. Hale, County School Superintendent of Lubbock County, Texas, to secure from your office an opinion as to whether or not the State Farm Fire Insurance Company of Bloomington, Illinois, is eligible to write insurance upon the properties of the Lubbock Independent School District. "Under Article 4860A-8 of Vernon's Annotated Civil Statutes, it provides that a mutual company may write insurance upon such corporations as the Lubbock Independent School District, however, in the recent case of Lewis vs. Independent School District of the city of Austin, et al, 161 S.W. 2nd, 450, the Supreme Court held that this Art- icle was unconstitutional by reason of Section 52 of Article 3 of the Constitution of the State of Texas. "It is my understanding that the State Farm Fire Insurance Company of Bloomington, Illinois, is not a mutual but a stock company and operates in Texas as an old line legal reserve stock com- paw. The State Farm Fire Insurance Company of Bloomington, Illinois, is not to be confused with the State Farm Mutual Automobile Insurance Company and is an entirely separate company. Honorable Ralph Brock, page 2 o-4879 "I give you the above facts which is all the information I have regarding the State Farm Fire Insurance Company. It is my opinion that if the above State Farm Fire Insurance Company of Bloom- ington, Illinois, is not a mutual but an old line legal reserve stock company, it is eligible to write insurance on the properties of the Lubbock Independent School District, however, I have been requested to secure an opinion regarding same. 1, . . . .If A representative of the State Insurance Department informs us that the State Farm Fire Insurance Company of Bloom- ington, Illinois, is an old line legal reserve stock company having a permit to do business in this State. As this com- pany is nota mutual company the opinion of the Supreme Court in the case of Lewis vs. Independent School District of the City of Austin et al, 1.61S.W. (2nd) 450, does not prohibit the company in question from writing insurance on the proper- ties of the Lubbock Independent School District. After a careful search of the statutes and consti- tutional provisions of this State we fail to find any statu- tory or constitutional provision prohibiting companies of the kind and class of the State Farm Fire Insurance Company of Bloomington, Illinois, from writing insurance on the kind of properties inquired about. As the above mentioned insurance company is a stock company and operates as an old line legal reserve stock company it is the opinion of this department that said company is eligible to write insurance on the pro- perties of the Lubbock Independent School District. Trusting that the foregoing fully answers your in- quiry, we are Yours very truly ATTORNEY GENERAL OF TEXAS AW:mp:wc APPROVED OCT 5, 1942 By s/Ardell Williams s/Gerald C. Mann Ardell Williams ATTORNEY GENERAL OF TEXAS Assistant Approved Opinion Committee By s/ BWB Chairman