Texas § 1683.006 RISK TRANSFER OR COVERAGE.

Texas Statutes

§ 1683.006 — RISK TRANSFER OR COVERAGE.

Texas § 1683.006

Code INInsurance Code

This text of Texas § 1683.006 (RISK TRANSFER OR COVERAGE.) 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. § 1683.006 (2026).

Text

Sec. 1683.006. RISK TRANSFER OR COVERAGE. A postsecondary educational institution that offers higher education health benefits under this chapter may contract with a company authorized to engage in the business of insurance in this state that is not under common control with the postsecondary educational institution to:

(1)transfer to that company all or a portion of the organization's risks arising from higher education health benefits offered under this chapter; or

(2)obtain insurance coverage from the company guarantying the postsecondary educational institution's obligations arising from higher education health benefits offered under this chapter.

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Sec. 1683.006. RISK TRANSFER OR COVERAGE. A postsecondary educational institution that offers higher education health benefits under this chapter may contract with a company authorized to engage in the business of insurance in this state that is not under common control with the postsecondary educational institution to:
(1) transfer to that company all or a portion of the organization's risks arising from higher education health benefits offered under this chapter; or
(2) obtain insurance coverage from the company guarantying the postsecondary educational institution's obligations arising from higher education health benefits offered under this chapter.