Sec. 2207.002. POOL NOT ENGAGED IN BUSINESS OF INSURANCE

Latest version.

(a) Except as provided by Subsection (b), a pool is not engaged in the business of insurance under this code or other laws of this state, and the department does not have jurisdiction over a pool.
(b) A pool:
(1) shall collect the necessary information and file with the department the reports required by Subchapter D, Chapter 38; and
(2) is subject to Chapter 541 and Section 543.001.

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

                    
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