Texas § 842.207 CONTRACTS; REINSURANCE; OTHER AGREEMENTS.

Texas Statutes

§ 842.207 — CONTRACTS; REINSURANCE; OTHER AGREEMENTS.

Texas § 842.207

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 842.207 (2026).

Text

Sec. 842.207. CONTRACTS; REINSURANCE; OTHER AGREEMENTS.

(a)Subject to Subsection (b), a group hospital service corporation may:

(1)contract with another organization similar in character for joint participation through:

(A)a mutualization contract agreement;

(B)a reinsurance treaty; or

(C)another arrangement; and

(2)cede or accept risks from an insurer on all or part of a risk.

(b)Each document used for a purpose described by Subsection (a) must be filed with the department and approved by the commissioner for use in that purpose.

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Sec. 842.207. CONTRACTS; REINSURANCE; OTHER AGREEMENTS. (a) Subject to Subsection (b), a group hospital service corporation may:
(1) contract with another organization similar in character for joint participation through:
(A) a mutualization contract agreement;
(B) a reinsurance treaty; or
(C) another arrangement; and
(2) cede or accept risks from an insurer on all or part of a risk.
(b) Each document used for a purpose described by Subsection (a) must be filed with the department and approved by the commissioner for use in that purpose.