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Tex. Insurance Code § 842.052

MINIMUM MEMBERSHIP REQUIREMENTS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 842.052, MINIMUM MEMBERSHIP REQUIREMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679367
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(a) Before a group hospital service corporation may be incorporated, the corporation must have collected in advance from at least 500 applicants for membership: (1) the application fee; and (2) an amount at least equal to the amount charged by the corporation for one month's premium for coverage. (b) A group hospital service corporation must maintain a membership of at least 500 as a condition of continued operation.