Insurance Code › Title 5 › Chapter 541 › Subchapter A

Texas Insurance Code § 541.005

Applicability to Risk Retention or Purchasing Group

Unfair Methods of Competition and Unfair or Deceptive Acts or Practices · General Provisions

(a) A risk retention group or purchasing group described by Subchapter B, Chapter 2201, or Section 2201.251 that is not chartered in this state may not engage in a trade practice in this state that is defined as unlawful under this chapter.

(b) A risk retention group or purchasing group is subject to this chapter and rules adopted under this chapter.

Official text of the Texas Insurance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2D.005, eff. April 1, 2009.

This section refers to

§ 2201.051§ 2201.251