Tex. Ins. Code § 1458.055 · Subchapter B. REGISTRATION REQUIREMENTS
EXEMPTION FOR AFFILIATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner shall grant an exemption for affiliates of a contracting entity if the contracting entity holds a certificate of authority issued by the department to engage in the business of insurance in this state or is a health maintenance organization if the commissioner determines that:
(1) the affiliate is not subject to a disclaimer of affiliation under Chapter 823; and
(2) the relationships between the person who holds a certificate of authority and all affiliates of the person, including subsidiary networks or other networks, are disclosed and clearly defined.
(b) An exemption granted under this section applies only to registration. An entity granted an exemption is otherwise subject to this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 197 (S.B. 822), Sec. 1, eff. September 1, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1458.htm
- Text hash
- sha256 f63031720874f1ab446551f25dc4e50dcd9259f703e740ce7233a22f45fd32c6
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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