Sec. 2054.107. CERTAIN RELATIONSHIPS WITH OTHER INSURERS PROHIBITED  


Latest version.
  • The company may not have:

    (1) an affiliate, spin-off, or subsidiary that writes a line of insurance other than workers' compensation insurance; or

    (2) interlocking boards of directors with an insurer that writes a line of insurance other than workers' compensation insurance.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.