Tex. Ins. Code § 2205.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2205.002 - Pool Not Engaged in Business of Insurance

(a) Except as provided by this section and Section 2205.003(b), the pool is not engaged in the business of insurance under this code or other state law, and this code and other state insurance laws do not apply to the pool.

(b) The pool is subject to:

(1) this chapter;

(2) the requirements of this code or commissioner rules relating to reporting liability claims information; and

(3) the requirements of Chapter 2251 and Article 5.13-2 relating to making, filing, and approving rates.

Tex. Ins. Code § 2205.002

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.