Sec. 2212.052. MINIMUM REQUIREMENTS. (a) The department may require a trust to satisfy reasonable minimum requirements that ensure the trust is able to satisfy the trust's contractual obligations.
(b) On request, a trust shall provide books, records, and documents required by the department to fulfill the requirements of this section relating to the trust's solvency.
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 2212 - Self-Insurance Trusts for Health Care Liability Claims
Subchapter B. Creation and Operation of Trust
Section 2212.051. Creation of Trust
Section 2212.052. Minimum Requirements
Section 2212.053. Filing Requirements
Section 2212.054. Powers of Trust