(a) Except as provided by Subsection (b), the pool is not engaged in the business of insurance under this code or other laws of this state, and the department has no jurisdiction over the pool.
(b) The pool is subject to Chapter 541.
Tex. Ins. Code § 2208.002
POOL NOT ENGAGED IN BUSINESS OF INSURANCE
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, 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.