Texas Health and Safety Code 534.152 – Laws and Rules
Current as of: 2024 | Check for updates
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Terms Used In Texas Health and Safety Code 534.152
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A nonprofit corporation created or operated under this subchapter that obtains and holds a valid certificate of authority as a health maintenance organization may exercise the powers and authority and is subject to the conditions and limitations provided by this subchapter, Chapter 843, Insurance Code, the Texas Nonprofit Corporation Law as described by § 1.008(d), Business Organizations Code, and rules of the Texas Department of Insurance.