Texas § 1505.005 USE OF UNINCORPORATED ENTITY.

Texas Statutes

§ 1505.005 — USE OF UNINCORPORATED ENTITY.

Texas § 1505.005

Code INInsurance Code

This text of Texas § 1505.005 (USE OF UNINCORPORATED ENTITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 1505.005 (2026).

Text

Sec. 1505.005. USE OF UNINCORPORATED ENTITY.

(a)The participating health insurers may issue the group insurance policy in their own names or in the name of an unincorporated association, trust, or other organization formed for the sole purposes of this chapter and evidenced by a written contract executed by the insurers. An unincorporated association, trust, or other organization formed under this subsection may sue and be sued in the name of the association, trust, or organization.

(b)A person licensed as a general life, accident, and health agent under Chapter 4054 , as a general property and casualty agent under Chapter 4051 authorized to write health and accident insurance under Section 4051.053 , or as a personal lines property and casualty agent authorized to write health and accid

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Sec. 1505.005. USE OF UNINCORPORATED ENTITY. (a) The participating health insurers may issue the group insurance policy in their own names or in the name of an unincorporated association, trust, or other organization formed for the sole purposes of this chapter and evidenced by a written contract executed by the insurers. An unincorporated association, trust, or other organization formed under this subsection may sue and be sued in the name of the association, trust, or organization.
(b) A person licensed as a general life, accident, and health agent under Chapter 4054 , as a general property and casualty agent under Chapter 4051 authorized to write health and accident insurance under Section 4051.053 , or as a personal lines property and casualty agent authorized to write health and accident insurance under Section 4051.402 , may act in the licensed capacity in connection with an insurance policy or a certificate of insurance issued by an unincorporated association, trust, or other organization formed under Subsection (a). The agent is not required to notify the department that the person has been appointed to act for that purpose.

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 548 (S.B. 1263 ), Sec. 2.12, eff. September 1, 2007.