Tex. Ins. Code § 2201.056 · Subchapter B. RISK RETENTION GROUP QUALIFICATIONS
AUTHORIZED ACTIVITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A risk retention group may provide:
(1) liability insurance for assuming and spreading all or any portion of the liability of the group's members; and
(2) reinsurance with respect to the liability of another risk retention group, or a member of that group, engaged in businesses or activities that meet the requirements of Section 2201.055(a) for membership in the group providing reinsurance.
(b) A risk retention group may not engage in activities that include providing insurance other than the insurance described by Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2201.htm
- Text hash
- sha256 7d416a6948fc6dcbec22b215f7f44e2377d4ab6aae06d319e7fa4ffb0d39226f
- 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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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.