Sec. 407A.004. GROUP NOT INSURER. A group issued a certificate of approval by the commissioner under this chapter is not:
(1) an insurer based on that certificate; and
(2) subject to the insurance laws and rules of this state except as otherwise provided by this chapter.
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 5 - Workers' Compensation
Subtitle A - Texas Workers' Compensation Act
Chapter 407A - Group Self-Insurance Coverage
Subchapter A. General Provisions
Section 407A.002. Application of Chapter; Establishment of Private Group
Section 407A.003. Merger of Groups
Section 407A.004. Group Not Insurer
Section 407A.005. Certificate of Approval Required
Section 407A.006. Service of Process
Section 407A.009. Certificate of Authority Required for Certain Administrators and Service Companies