Sec. 2203.256. STANDARDS FOR RECOUPMENT PROVISIONS. A provision for recoupment must be based on:
(1) the association's loss and expense experience; and
(2) other information based on that experience the department considers appropriate.
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 2203 - Medical Liability Insurance Joint Underwriting Association
Subchapter F. Financial Participation by Members and Policyholders
Section 2203.251. Deficit Recoupment
Section 2203.252. Assessment of Policyholders for Deficit Recoupment
Section 2203.253. Limitation on Reimbursement by Member for Deficit Recoupment
Section 2203.254. Contribution by Members for Sound Financial Operation
Section 2203.255. Reimbursement of Assessment or Contribution; Premium Tax Credit