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Texas Insurance Code - Section 402.001. Applicability Of Chapter

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§ 402.001. APPLICABILITY OF CHAPTER. (a) Except as provided by Subsection (b), this chapter applies to: (1) each of the following domestic or commercially domiciled insurers: (A) a capital stock insurance company; (B) a mutual insurance company; (C) a title insurance company; (D) a fraternal benefit society; (E) a Lloyd's plan; (F) a reciprocal or interinsurance exchange; (G) a group hospital service corporation or a nonprofit hospital, medical, or dental service corporation; (H) a risk retention group; and (I) a nonprofit legal services corporation; and (2) a domestic or commercially domiciled health maintenance organization. (b) This chapter does not apply to a domestic insurer that engages in the business of insurance only in this state or to a domestic health maintenance organization that engages in the business of a health maintenance organization only in this state until the insurer or health maintenance organization is authorized to engage in the business of insurance or the business of a health maintenance organization, as applicable, in another state. Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.

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Last modified: August 11, 2007