Texas Insurance Code 2208.002 – Pool Not Engaged in Business of Insurance
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(a) Except as provided by Subsection (b), the pool is not engaged in the business of insurance under this code or other laws of this state, and the department has no jurisdiction over the pool.
(b) The pool is subject to Chapter 541.
Terms Used In Texas Insurance Code 2208.002
- 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.