Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
Chapter 2204. TEXAS INSURANCE EXCHANGE |
Subchapter A. GENERAL PROVISIONS |
Sec. 2204.002. EXEMPTION
Latest version.
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(a) This chapter, Chapters 251 and 261, and rules adopted by the commissioner or comptroller, as applicable, apply to the exchange, a member, and insurance and reinsurance written through the exchange, except to the extent exempted by rules adopted by the commissioner or comptroller, as applicable.
(b) An exemption may not be:
(1) unfairly discriminatory; or
(2) detrimental to the solvency of an insurer authorized to engage in the business of insurance in this state.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.