A system may arrange with an administering carrier issuing a policy under this chapter for the reinsurance of portions of the total amount of insurance under the policy with other carriers that elect to participate in the reinsurance.
Tex. Ins. Code § 1601.155
REINSURANCE
Known as the State University Employees Uniform Insurance Benefits Act
The act spans §§ 1601.001 to 1601.308 (68 sections).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.