Texas Insurance Code 2213.054 – Minimum Requirements; Commissioner Supervision
Current as of: 2024 | Check for updates
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(a) After approval of a self-insurance trust’s plan, the self-insurance trust is subject to continuing supervision by the commissioner relating to:
(1) the solvency of the self-insurance trust; and
(2) the approval of the self-insurance trust’s policy forms.
(b) The commissioner may set minimum requirements to ensure that a self-insurance trust is able to satisfy the self-insurance trust’s contractual obligations.