Sec. 2201.254. APPLICATION OF STATE LAW. (a) A purchasing group meeting the criteria established under the Liability Risk Retention Act of 1986 (15 U.S.C. Section 3901 et seq.) is exempt from any law of this state that:
(1) relates to the creation of groups for the purchase of insurance;
(2) requires countersignatures;
(3) prohibits group purchasing; or
(4) discriminates against a purchasing group or the group's members.
(b) An insurer is exempt from any law of this state that prohibits providing or offering to provide to a purchasing group or the group's members advantages based on the group's or members' loss and expense experience that are not afforded to other persons with respect to rates, policy forms, coverages, or other matters.
(c) A purchasing group is subject to all other applicable laws of this state.
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 F. Purchasing Groups
Section 2201.251. General Qualifications of Purchasing Group
Section 2201.252. Determination of Location
Section 2201.253. Limitations on Authority
Section 2201.254. Application of State Law
Section 2201.255. Notice to Commissioner; Filing Fee
Section 2201.256. Registration Requirement; Fees
Section 2201.257. Payment of Premium Taxes
Section 2201.258. Purchasing Group Participation in Insolvency Guaranty Fund Prohibited; Exception