Texas § 1601.056 INFORMATION ON BIDDERS AND BIDDING CONTRACTS.

Texas Statutes

§ 1601.056 — INFORMATION ON BIDDERS AND BIDDING CONTRACTS.

Texas § 1601.056

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Bluebook

Tex. Insurance Code Code Ann. § 1601.056 (2026).

Text

Sec. 1601.056. INFORMATION ON BIDDERS AND BIDDING CONTRACTS.

(a)The department shall, on request by a system, provide a list of all carriers:

(1)authorized to engage in business in this state; and

(2)eligible to bid on insurance coverage provided under this chapter.

(b)The department shall, on request by a system, examine and evaluate a bidding contract and certify the contract's actuarial soundness to the system not later than the 15th day after the date of the request.

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Sec. 1601.056. INFORMATION ON BIDDERS AND BIDDING CONTRACTS. (a) The department shall, on request by a system, provide a list of all carriers:
(1) authorized to engage in business in this state; and
(2) eligible to bid on insurance coverage provided under this chapter.
(b) The department shall, on request by a system, examine and evaluate a bidding contract and certify the contract's actuarial soundness to the system not later than the 15th day after the date of the request.