Texas § 843.403 MINIMUM NET WORTH.

Texas Statutes

§ 843.403 — MINIMUM NET WORTH.

Texas § 843.403

Code INInsurance Code

This text of Texas § 843.403 (MINIMUM NET WORTH.) 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. § 843.403 (2026).

Text

Sec. 843.403. MINIMUM NET WORTH.

(a)A health maintenance organization authorized to provide basic health care services shall maintain a minimum net worth of $1.5 million.

(b)A health maintenance organization authorized to provide limited health care services shall maintain a minimum net worth of $1 million.

(c)A health maintenance organization authorized to offer only a single health care service plan shall maintain a minimum net worth of $500,000.

(d)The minimum net worth required by this section may consist only of:

(1)money of the United States;

(2)bonds of this state;

(3)bonds or other evidences of indebtedness of the United States that are guaranteed as to principal and interest by the United States; or

(4)bonds or other interest-bearing evidences of indebtedness of a county o

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Sec. 843.403. MINIMUM NET WORTH. (a) A health maintenance organization authorized to provide basic health care services shall maintain a minimum net worth of $1.5 million.
(b) A health maintenance organization authorized to provide limited health care services shall maintain a minimum net worth of $1 million.
(c) A health maintenance organization authorized to offer only a single health care service plan shall maintain a minimum net worth of $500,000.
(d) The minimum net worth required by this section may consist only of:
(1) money of the United States;
(2) bonds of this state;
(3) bonds or other evidences of indebtedness of the United States that are guaranteed as to principal and interest by the United States; or
(4) bonds or other interest-bearing evidences of indebtedness of a county or municipality of this state.