Texas Insurance Code § 2153.052 Eligibility Of Group

Sec. 2153.052. ELIGIBILITY OF GROUP. (a) To be eligible for group marketing, a group must:

(1) have existed for at least six months before the date the group automobile insurance is purchased; and

(2) be organized for a purpose other than to become an insurance group under this chapter.

(b) The group may include any group that is actuarially credible for underwriting purposes.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Section: Previous  2153.001  2153.002  2153.003  2153.051  2153.052  2153.053  2153.054  2153.055  2153.056  2153.057  2153.058  2153.059  2153.101  2153.102  Next

Last modified: September 28, 2016