Tex. Insurance Code § 2201.051: GENERAL QUALIFICATIONS OF RISK RETENTION GROUP.
Where this section sits in the code
- INSURANCE CODE
- TITLE 10. PROPERTY AND CASUALTY INSURANCE
- SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE
- CHAPTER 2201. RISK RETENTION GROUPS AND PURCHASING GROUPS
- SUBCHAPTER B. RISK RETENTION GROUP QUALIFICATIONS
A risk retention group must be a corporation or other limited liability association that:
(1) is organized primarily to assume and spread, and engages primarily in assuming and spreading, all or any portion of the liability exposure of the group's members; and
(2) otherwise meets the qualifications of this subchapter.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON