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 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS |
Subchapter D. POWERS AND DUTIES OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS |
Sec. 846.159. NAME OF MULTIPLE EMPLOYER WELFARE ARRANGEMENT
Latest version.
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(a) A multiple employer welfare arrangement shall transact business under the arrangement's own name and may not adopt any assumed name. An arrangement may not use a name that is the same as or closely resembles the name of any other arrangement that:
(1) possesses a certificate of authority; and
(2) is engaged in business in this state.
(b) A multiple employer welfare arrangement may change its name by:
(1) amending the articles of the arrangement; or
(2) taking a new name with the approval of the commissioner.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.