Sec. 2201.204. APPLICABILITY OF CERTAIN REQUIREMENTS FOR LIABILITY INSURERS. A risk retention group authorized to engage in business in this state under Subchapter C or D must participate on the same basis as a liability insurer holding a certificate of authority to engage in the business of insurance in this state in:
(1) the Texas Windstorm Insurance Association;
(2) joint underwriting associations;
(3) mandatory liability and assigned risk pools; and
(4) residual market facilities.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle G - Pools, Groups, Plans, and Self-Insurance
Chapter 2201 - Risk Retention Groups and Purchasing Groups
Subchapter E. Provisions Regulating General Operation
Section 2201.201. Scope of Authority
Section 2201.202. Plan of Operation
Section 2201.203. Agent to Verify Authority
Section 2201.204. Applicability of Certain Requirements for Liability Insurers
Section 2201.205. Risk Retention Group Participation in Insolvency Guaranty Fund Prohibited
Section 2201.206. Required Notice
Section 2201.207. Prohibited Activities