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Tex. Insurance Code § 2201.253

LIMITATIONS ON AUTHORITY

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 2201.253, LIMITATIONS ON AUTHORITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684197
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(a) A purchasing group located in this state may not purchase liability insurance from a risk retention group that is not chartered in a state or from an insurer that does not hold a certificate of authority to engage in the business of insurance in this state unless the purchase is effected through a licensed agent acting under Chapter 981. (b) A purchasing group may not offer insurance policy coverage declared unlawful by the Texas Supreme Court.