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Tex. Insurance Code § 2201.207

PROHIBITED ACTIVITIES

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 2201.207, PROHIBITED ACTIVITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684191
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A risk retention group may not: (1) solicit or sell insurance to any person who is not eligible for membership in the group; (2) solicit or sell insurance or operate if the group is in a hazardous financial condition or is financially impaired; or (3) engage in business in this state if an insurer is directly or indirectly a member or owner of the group, unless all of the group members are insurers.