Sec. 407A.009. CERTIFICATE OF AUTHORITY REQUIRED FOR CERTAIN ADMINISTRATORS AND SERVICE COMPANIES. (a) An administrator or service company under this chapter that performs the acts of an administrator as defined in Chapter 4151, Insurance Code, must hold a certificate of authority under that chapter.
(b) An entity is required to hold only one certificate of authority under Chapter 4151, Insurance Code, if:
(1) the entity acts as an administrator and a service company as defined in this chapter; and
(2) performs the acts of an administrator as that term is defined in Chapter 4151, Insurance Code.
(c) Exemptions in Chapter 4151, Insurance Code, as provided in Sections 4151.002(18), (19), and (20), apply to an administrator or service company under this section.
Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 3.05, eff. September 1, 2007.
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