{"data":{"id":"us-tx/tex.-insurance-code-846.055","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 846.055","heading":"EXTENSION OF TERM OF INITIAL CERTIFICATE OF AUTHORITY.","body":"The commissioner may extend the term of an initial certificate of authority for a period not to exceed one year if the commissioner determines that the multiple employer welfare arrangement is likely to meet the requirements of this chapter for a final certificate of authority within that period. The commissioner may not grant more than one extension of the initial certificate of authority regardless of the length of time for which an extension was granted.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES","CHAPTER 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS","SUBCHAPTER B. FORMATION AND STRUCTURE OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.846.htm#846.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"317c426a8049d537499306e2c2bcfee9b1fd1aa8922aa8d52284918086ccc44d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-846.054","next":"us-tx/tex.-insurance-code-846.056"},"notice":"GroundRules: Original legal text. Not legal advice."}