Texas § 2201.056 AUTHORIZED ACTIVITIES.

Texas Statutes

§ 2201.056 — AUTHORIZED ACTIVITIES.

Texas § 2201.056

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Tex. Insurance Code Code Ann. § 2201.056 (2026).

Text

Sec. 2201.056. AUTHORIZED ACTIVITIES.

(a)A risk retention group may provide:

(1)liability insurance for assuming and spreading all or any portion of the liability of the group's members; and

(2)reinsurance with respect to the liability of another risk retention group, or a member of that group, engaged in businesses or activities that meet the requirements of Section 2201.055 (a) for membership in the group providing reinsurance.

(b)A risk retention group may not engage in activities that include providing insurance other than the insurance described by Subsection (a). SUBCHAPTER C. RISK RETENTION GROUPS CHARTERED IN THIS STATE

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Sec. 2201.056. AUTHORIZED ACTIVITIES. (a) A risk retention group may provide:
(1) liability insurance for assuming and spreading all or any portion of the liability of the group's members; and
(2) reinsurance with respect to the liability of another risk retention group, or a member of that group, engaged in businesses or activities that meet the requirements of Section 2201.055 (a) for membership in the group providing reinsurance.
(b) A risk retention group may not engage in activities that include providing insurance other than the insurance described by Subsection (a).
SUBCHAPTER C. RISK RETENTION GROUPS
CHARTERED IN THIS STATE