Tex. Insurance Code § 2201.051
GENERAL QUALIFICATIONS OF RISK RETENTION GROUP
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2201.051, GENERAL QUALIFICATIONS OF RISK RETENTION GROUP, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684164
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Full text
A risk retention group must be a corporation or other limited liability association that:
(1) is organized primarily to assume and spread, and engages primarily in assuming and spreading, all or any portion of the liability exposure of the group's members; and
(2) otherwise meets the qualifications of this subchapter.