Sec. 281.058. AUTHORITY TO FORM CAPTIVE INSURANCE OR CAPTIVE MANAGEMENT COMPANY. (a) In this section, "captive insurance company" and "captive management company" have the meanings assigned to those terms by Section 964.001, Insurance Code.
(b) A district, a combination of districts, or a nonprofit corporation formed by a district or a combination of districts to further the purposes of the district or districts, as appropriate, may form a captive insurance company or a captive management company in accordance with the provisions of Chapter 964, Insurance Code, for the purpose of engaging in the business of insurance under that chapter.
Added by Acts 2015, 84th Leg., R.S., Ch. 363 (H.B. 2557), Sec. 3, eff. June 9, 2015.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 281 - Hospital Districts in Counties of at Least 190,000
Subchapter C. General Powers and Duties
Section 281.041. Transfer of County and Municipal Hospital Property and Funds
Section 281.042. Return of Transferred Property to County or Municipality
Section 281.043. Assumption of Contract Obligations
Section 281.044. Assumption of Bonded Indebtedness; Cancellation of Unsold Municipal or County Bonds
Section 281.045. Limitation on Taxing Power by Governmental Entity; Disposition of Delinquent Taxes
Section 281.046. District Responsibility for Medical Aid and Hospital Care
Section 281.0465. Nursing Services for School Districts
Section 281.047. Management, Control, and Administration
Section 281.0475. Renaming District
Section 281.048. District Rules
Section 281.049. Purchasing and Accounting Methods and Procedures
Section 281.050. Powers Relating to District Property, Facilities, and Equipment
Section 281.051. Contracting Authority
Section 281.0512. Contract to Provide Administrative Functions and Services
Section 281.0514. Harris County Hospital District; Contract With Certain Hospitals
Section 281.0515. Procedures for Health Maintenance Organization
Section 281.0517. Integrated Health Care System
Section 281.052. County Authority to Sell, Lease, and Purchase Facilities for District Purposes
Section 281.053. District Inspections
Section 281.054. Eminent Domain
Section 281.055. Gifts and Endowments
Section 281.056. Authority to Sue and Be Sued; Legal Representation
Section 281.0565. Charitable Organizations
Section 281.057. Employment of District Peace Officers
Section 281.058. Authority to Form Captive Insurance or Captive Management Company