Sec. 846.159. NAME OF MULTIPLE EMPLOYER WELFARE ARRANGEMENT. (a) A multiple employer welfare arrangement shall transact business under the arrangement's own name and may not adopt any assumed name. An arrangement may not use a name that is the same as or closely resembles the name of any other arrangement that:
(1) possesses a certificate of authority; and
(2) is engaged in business in this state.
(b) A multiple employer welfare arrangement may change its name by:
(1) amending the articles of the arrangement; or
(2) taking a new name with the approval of the commissioner.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle C - Life, Health, and Accident Insurers and Related Entities
Chapter 846 - Multiple Employer Welfare Arrangements
Subchapter D. Powers and Duties of Multiple Employer Welfare Arrangements
Section 846.151. General Powers
Section 846.152. Filing of Organizational Documents
Section 846.153. Required Filings
Section 846.154. Cash Reserve Requirements
Section 846.155. Adjustment of Contributions
Section 846.156. Waiver or Reduction of Required Stop-Loss Insurance or Cash Reserves
Section 846.157. Renewal of Certificate; Additional Actuarial Review
Section 846.158. Examination of Multiple Employer Welfare Arrangements
Section 846.159. Name of Multiple Employer Welfare Arrangement