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Tex. Ins. Code § 541.005

APPLICABILITY TO RISK RETENTION OR PURCHASING GROUP

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff

(a) A risk retention group or purchasing group described by Subchapter B, Chapter 2201, or Section 2201.251 that is not chartered in this state may not engage in a trade practice in this state that is defined as unlawful under this chapter.

(b) A risk retention group or purchasing group is subject to this chapter and rules adopted under this chapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.