Except as otherwise provided by this chapter, a risk retention group that applies to be chartered in this state must:
(1) be chartered and authorized to engage in the business of insurance under Chapter 822, 861, 883, or 942; and
(2) comply with all the laws, rules, and requirements, including Chapter 804, applicable to insurers authorized to engage in business under those chapters and with Subchapter D to the extent those requirements do not limit the laws, rules, or requirements of this state.