Texas Insurance Code 2206.002 – Applicability of Other Laws
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(a) Except as provided by Subsection (b), a pool is not considered insurance under this code or other laws of this state, and the department does not have jurisdiction over the pool.
(b) The pool is subject to Chapter 541 and Section 543.001.
Terms Used In Texas Insurance Code 2206.002
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.