Texas Insurance Code § 2209.103 Approval Of Plan

Sec. 2209.103. APPROVAL OF PLAN. (a) On completion of the plan of operation, the temporary board shall submit the plan to the department for examination, suggested changes, and final approval.

(b) The department shall approve the plan of operation only if the department is satisfied that the pool is able and will continue to be able to pay valid claims made against the pool.

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

Section: Previous  2209.002  2209.003  2209.051  2209.052  2209.053  2209.101  2209.102  2209.103  2209.151  2209.152  2209.153  2209.154  2209.155  2209.156  2209.157  Next

Last modified: September 28, 2016