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Tex. Insurance Code § 842.207

CONTRACTS; REINSURANCE; OTHER AGREEMENTS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 842.207, CONTRACTS; REINSURANCE; OTHER AGREEMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679384
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(a) Subject to Subsection (b), a group hospital service corporation may: (1) contract with another organization similar in character for joint participation through: (A) a mutualization contract agreement; (B) a reinsurance treaty; or (C) another arrangement; and (2) cede or accept risks from an insurer on all or part of a risk. (b) Each document used for a purpose described by Subsection (a) must be filed with the department and approved by the commissioner for use in that purpose.