Tex. Ins. Code § 2201.207 · Subchapter E. PROVISIONS REGULATING GENERAL OPERATION OF RISK RETENTION GROUPS
PROHIBITED ACTIVITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A risk retention group may not:
(1) solicit or sell insurance to any person who is not eligible for membership in the group;
(2) solicit or sell insurance or operate if the group is in a hazardous financial condition or is financially impaired; or
(3) engage in business in this state if an insurer is directly or indirectly a member or owner of the group, unless all of the group members are insurers.
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 3b6d871de328393e43b5ebfc05ca2d1f7c2e6ad965f1e5fa8322df6a4b1905fc
- 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
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.