Tex. Ins. Code § 2201.255 · Subchapter F. PURCHASING GROUPS
NOTICE TO COMMISSIONER; FILING FEE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Before engaging in business in this state, a purchasing group must provide notice to the commissioner. The notice must:
(1) identify the state in which the group is domiciled;
(2) specify the lines and classifications of liability insurance the group intends to purchase;
(3) specify the method by which and the persons, if any, through whom insurance will be offered to group members whose risks are located in this state;
(4) identify the insurer from which the group intends to purchase group insurance and the domicile of that insurer;
(5) identify the group's principal place of business and, if ascertainable at the time of filing, the group's location; and
(6) provide other information the commissioner requires to verify that the group qualifies as a purchasing group under Section 2201.251.
(b) The commissioner by rule shall impose a filing fee in an amount not to exceed $100 for filing notice under this section. Fees collected under this subsection shall be deposited to the credit of the Texas Department of Insurance operating account.
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 cd060a078550d670e534ac84b48f6ec0a2045e06c166bec10ede2de3e7279f72
- 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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