Texas Insurance Code § 2201.001 Purpose Of Chapter

Sec. 2201.001. PURPOSE OF CHAPTER. The purpose of this chapter is to:

(1) regulate the formation and operation of risk retention groups and purchasing groups in this state formed under:

(A) the Product Liability Risk Retention Act of 1981 (15 U.S.C. Section 3901 et seq.); or

(B) the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.); and

(2) protect the public by the appropriate regulation of groups described by Subdivision (1) to the extent permitted by law.

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

Section: 2201.001  2201.002  2201.003  2201.004  2201.005  2201.006  2201.007  2201.008  2201.051  2201.052  2201.053  2201.054  2201.055  2201.056  2201.101  Next

Last modified: September 28, 2016