Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
Chapter 2201. RISK RETENTION GROUPS AND PURCHASING GROUPS |
Subchapter B. RISK RETENTION GROUP QUALIFICATIONS |
Sec. 2201.053. STATUS AS LIABILITY INSURER REQUIRED
Latest version.
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A corporation or other limited liability association must be chartered and authorized to engage in the business of insurance as a liability insurer under the laws of any state to act as a risk retention group.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.