Tex. Ins. Code § 1550.052 · Subchapter B. CERTAIN CONTRACTS WITH MUNICIPALITIES
BID REQUIREMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Section 1550.054, an insurer that bids on a contract subject to the competitive bidding and competitive proposal requirements adopted under Section 252.021, Local Government Code, may not submit a bid for a contract to provide stop-loss or other insurance coverage that is subject to any qualification imposed by the insurer that permits the insurer to modify or limit the terms of insurance coverage to be provided after the contract has been made.
(b) An insurer's bid submitted under Section 252.021, Local Government Code, must contain the insurer's entire offer.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1G.002, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1550.htm
- Text hash
- sha256 c14984d8c2286731790c518c05ae9beaa37137b5377f1013499f35b3ba9d2701
- 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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