Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES |
Chapter 844. CERTIFICATION OF CERTAIN NONPROFIT HEALTH CORPORATIONS |
Subchapter B. AUTHORITY TO ENGAGE IN BUSINESS |
Sec. 844.053. PROVISIONAL CERTIFICATE OF AUTHORITY
Latest version.
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The commissioner shall grant a provisional certificate of authority to an applicant if:
(1) the applicant has applied for accreditation from an accrediting organization described by Section 844.052(b)(2);
(2) the applicant is diligently pursuing accreditation;
(3) the accrediting organization has not denied the application for accreditation; and
(4) the applicant satisfies each other requirement of this chapter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.