Sec. 407A.004. GROUP NOT INSURER    


Latest version.
  • A group issued a certificate of approval by the commissioner under this chapter is not:

    (1) an insurer based on that certificate; and

    (2) subject to the insurance laws and rules of this state except as otherwise provided by this chapter.

Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.