Texas § 1508.261 STOP-LOSS INSURANCE; REINSURANCE.

Texas Statutes

§ 1508.261 — STOP-LOSS INSURANCE; REINSURANCE.

Texas § 1508.261

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 1508.261 (2026).

Text

Sec. 1508.261. STOP-LOSS INSURANCE; REINSURANCE.

(a)The administrator of the fund, on behalf of and with the prior approval of the commissioner, may purchase stop-loss insurance or reinsurance from an insurance company licensed to write that coverage in this state.

(b)Stop-loss insurance or reinsurance may be purchased to the extent that the commissioner determines funds are available for the purchase of that insurance.

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Sec. 1508.261. STOP-LOSS INSURANCE; REINSURANCE. (a) The administrator of the fund, on behalf of and with the prior approval of the commissioner, may purchase stop-loss insurance or reinsurance from an insurance company licensed to write that coverage in this state.
(b) Stop-loss insurance or reinsurance may be purchased to the extent that the commissioner determines funds are available for the purchase of that insurance.

Glenn Hegar, Comptroller of Public Accounts of the State of Texas and Ken Paxton, Attorney General of the State of Texas// Health Care Service Corporation, a Mutual Legal Reserve Company, D/B/A Blue Cross and Blue Shield of Texas v. Health Care Service Corporation, a Mutual Legal Reserve Company, D/B/A Blue Cross and Blue Shield of Texas// Glenn Hegar, Comptroller of Public Accounts of the State of Texas and Ken Paxton, Attorney General of the State of Texas

(Court of Appeals of Texas, 2020)