Texas § 842.052 MINIMUM MEMBERSHIP REQUIREMENTS.

Texas Statutes

§ 842.052 — MINIMUM MEMBERSHIP REQUIREMENTS.

Texas § 842.052

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 842.052 (2026).

Text

Sec. 842.052. MINIMUM MEMBERSHIP REQUIREMENTS.

(a)Before a group hospital service corporation may be incorporated, the corporation must have collected in advance from at least 500 applicants for membership:

(1)the application fee; and

(2)an amount at least equal to the amount charged by the corporation for one month's premium for coverage.

(b)A group hospital service corporation must maintain a membership of at least 500 as a condition of continued operation. SUBCHAPTER C. AUTHORITY TO ENGAGE IN BUSINESS

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Sec. 842.052. MINIMUM MEMBERSHIP REQUIREMENTS. (a) Before a group hospital service corporation may be incorporated, the corporation must have collected in advance from at least 500 applicants for membership:
(1) the application fee; and
(2) an amount at least equal to the amount charged by the corporation for one month's premium for coverage.
(b) A group hospital service corporation must maintain a membership of at least 500 as a condition of continued operation.
SUBCHAPTER C. AUTHORITY TO ENGAGE IN BUSINESS