Tex. Insurance Code § 2201.255
NOTICE TO COMMISSIONER; FILING FEE
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2201.255, NOTICE TO COMMISSIONER; FILING FEE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684199
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Full text
(a) Before engaging in business in this state, a purchasing group must provide notice to the commissioner. The notice must:
(1) identify the state in which the group is domiciled;
(2) specify the lines and classifications of liability insurance the group intends to purchase;
(3) specify the method by which and the persons, if any, through whom insurance will be offered to group members whose risks are located in this state;
(4) identify the insurer from which the group intends to purchase group insurance and the domicile of that insurer;
(5) identify the group's principal place of business and, if ascertainable at the time of filing, the group's location; and
(6) provide other information the commissioner requires to verify that the group qualifies as a purchasing group under Section 2201.251.
(b) The commissioner by rule shall impose a filing fee in an amount not to exceed $100 for filing notice under this section. Fees collected under this subsection shall be deposited to the credit of the Texas Department of Insurance operating account.