Texas Occupations Code Title 14, Chapter 2307 - Insurer Interests In Repair Facilities
- Texas Section 2307.001 - Definitions
In this chapter: (1) "Arm's length transaction" means the standard of conduct under which two parties having substantially equal bargaining power, each acting in its...
- Texas Section 2307.002 - Insurer Interests
(a) Except as provided by this section, an insurer may not own or acquire an interest in a repair facility. (b) An insurer that owns...
- Texas Section 2307.003 - Favored Facility Agreement Presumed
An insurer is presumed to have a favored facility agreement with a repair facility in which it owns an interest. Added by Acts 2003, 78th...
- Texas Section 2307.004 - Contractual Conditions
(a) An insurer that owns an interest in a repair facility may use only one favored facility agreement. (b) Except as otherwise provided by this...
- Texas Section 2307.005 - Notice
(a) An insurer that owns an interest in a repair facility shall post the following notice in each of its tied repair facilities: "THIS REPAIR...
- Texas Section 2307.006 - Prohibitions
An insurer may not: (1) condition the provision of a product, service, insurance policy renewal, pricing, or other benefit on the purchase of any good...
- Texas Section 2307.007 - Conflict Of Interest Prohibited
Except as otherwise provided by this chapter, an agreement between an insurer and its tied repair facility must be negotiated and executed as an arm's...
- Texas Section 2307.008 - Support Services
(a) Notwithstanding this chapter, and except as provided by Subsection (b), an insurer may provide support services to its tied repair facilities if those services:...
- Texas Section 2307.009 - Action To Compel Compliance; Disciplinary Action
(a) A person, including a repair facility, aggrieved by a violation of this chapter by an insurer may bring an action for injunctive or other...
- Texas Section 2307.010 - Antitrust Enforcement
This chapter does not confer immunity from an antitrust law of this state or the United States. A sanction or penalty imposed in an action...
- Texas Section 2307.011 - Exclusivity
Unless otherwise specifically provided by this chapter, this chapter provides the exclusive authority and rules applicable to the regulation of the relations between an insurer...
Last modified: September 28, 2016