Tex. Ins. Code § 1601.056

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

Section 1601.056 - Information on Bidders and Bidding Contracts

(a) The department shall, on request by a system, provide a list of all carriers:

(1) authorized to engage in business in this state; and

(2) eligible to bid on insurance coverage provided under this chapter.

(b) The department shall, on request by a system, examine and evaluate a bidding contract and certify the contract's actuarial soundness to the system not later than the 15th day after the date of the request.

Tex. Ins. Code § 1601.056

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.