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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 2054.607: RISK TRANSFER OR COVERAGE.

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Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 10. PROPERTY AND CASUALTY INSURANCE
  3. SUBTITLE E. WORKERS' COMPENSATION INSURANCE
  4. CHAPTER 2054. TEXAS MUTUAL INSURANCE COMPANY
  5. SUBCHAPTER M. SUBSIDIARIES AUTHORIZED TO PROVIDE HEALTH BENEFIT COVERAGE

A subsidiary of the company that offers health benefit coverage under this subchapter may contract with an outside company authorized to engage in the business of insurance in this state that is not under common control with the company or the subsidiary to:

(1) transfer to the outside company all or a portion of the subsidiary's risks arising from health benefit coverage offered under this subchapter; or

(2) obtain insurance coverage from the outside company guarantying the subsidiary's obligations arising from health benefit coverage offered under this subchapter.

Added by Acts 2021, 87th Leg., R.S., Ch. 1019 (H.B. 3752), Sec. 2, eff. September 1, 2021.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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