Tex. Insurance Code § 2213.054
MINIMUM REQUIREMENTS; COMMISSIONER SUPERVISION
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2213.054, MINIMUM REQUIREMENTS; COMMISSIONER SUPERVISION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684786
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Full text
(a) After approval of a self-insurance trust's plan, the self-insurance trust is subject to continuing supervision by the commissioner relating to:
(1) the solvency of the self-insurance trust; and
(2) the approval of the self-insurance trust's policy forms.
(b) The commissioner may set minimum requirements to ensure that a self-insurance trust is able to satisfy the self-insurance trust's contractual obligations.