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Tex. Insurance Code § 1501.051

DEFINITIONS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 1501.051, DEFINITIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/682602
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In this subchapter: (1) "Board of directors" means the board of directors elected by a private purchasing cooperative or a health group cooperative. (2) "Board of trustees" means the board of trustees of the Texas cooperative. (3) "Cooperative" means a private purchasing cooperative or a health group cooperative established under this subchapter. (3-a) "Eligible single-employee business" means a business entity that: (A) is owned and operated by a sole proprietor; (B) employed an average of fewer than two employees on business days during the preceding calendar year; and (C) is eligible to participate in a cooperative under this subchapter in accordance with Section 1501.066. (3-b) "Expanded service area" means any area larger than one county in which a health group cooperative offers coverage. (4) "Texas cooperative" means the Texas Health Benefits Purchasing Cooperative established under Section 1501.052.