Tex. Ins. Code § 1501.319 · Subchapter G. REINSURANCE FOR SMALL EMPLOYER HEALTH BENEFIT PLANS
DETERMINATION OF NET LOSS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than March 1 of each year, the board shall determine the system's net loss for the preceding calendar year, including administrative expenses and incurred losses for the year, and report the net loss to the commissioner.
(b) In determining the net loss, the board shall take into account investment income and other appropriate gains and losses.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1501.htm
- Text hash
- sha256 b697b0d3347ab3de764bf017c68692f64ca193799732bbda66416725ee66208f
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 1501.319. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.