Tex. Lab. Code § 407.067 · Subchapter D. REQUIREMENTS FOR CERTIFICATE OF AUTHORITY
EXCESS INSURANCE; REINSURANCE; ADMINISTRATIVE VIOLATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each applicant shall obtain excess insurance or reinsurance to cover liability for losses not paid by the self-insurer in an amount not less than the amount required by the commissioner.
(b) The commissioner shall require excess insurance or reinsurance in at least the amount of $5 million per occurrence.
(c) A certified self-insurer shall notify the division not later than the 10th day after the date on which the certified self-insurer has notice of the cancellation or termination of excess insurance or reinsurance coverage required under this section.
(d) A person commits an administrative violation if the person violates Subsection (c).
Notes and commentary — not statutory text
History
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.056, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407.htm
- Text hash
- sha256 a2521bee72ee117e89d887a1eb1dd93be8deade5003b2f5223f158fcfb9376b7
- 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.