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Tex. Insurance Code § 842.254

DEPOSIT REQUIREMENTS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 842.254, DEPOSIT REQUIREMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679392
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A group hospital service corporation shall deposit in the account of the corporation in a bank money collected by the corporation from a member or subscriber. The bank must be a state depository.