Tex. Ins. Code § 1510.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1510.005 - Contracts and Agreements

(a) The commissioner may enter into a contract or agreement that the commissioner determines is appropriate to carry out this chapter, including a contract or agreement with:

(1) a similar pool in another state for the joint performance of common administrative functions;

(2) another organization for the performance of administrative functions; or

(3) a federal agency.

(b) The commissioner may contract for stop-loss insurance for risks incurred under this chapter.

Tex. Ins. Code § 1510.005

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 765,Sec. 1, eff. 6/12/2017.